One subunit of All Season Sports Manufacturing Company had the following financial results last month: Click the icon to view the financial results.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $3,200 or 11.5%? 4. Should only unfavorable variances be investigated? Explain. Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, X.XX%. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) i Data Table Variance (U or F) Product Direct materials Direct labor Actual Budgeted 13,400 $ 12,500 18,940 20,000 35,220 30,000 9,555 8,750 26,125 8,430 10,000 111,670 $ 107,375 All Season Sports Manufacturing Company-Hiking Accessories Subunit Monthly Performance Report For the Month Indirect labor Utilities Variance 26,125 Depreciation Repairs and maintenance Percentage $ Total Product Actual Budgeted Variance Direct materials 13,400 $ 12,500 Direct labor 18,940 20,000 Indirect labor 35,220 30,000 Utilities 9,555 8,750 Depreciation 26,125 26,125 Repairs and maintenance 10,000 8,430 Total 111,670 $ 107,375 "Be sure to indicate whether each variance is favorable (F) or unfavorable (U). Choose from any list or enter any number in the input fields and then click Check