One subunit of Awesome Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements. Requirement 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two places. (Enter a variance for each account as a positive number, and select whether the variance is favorable [F] or unfavorable [U]. For any zero variances, enter a 0 in the variance column and then leave the For U box blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Flexible Budget Variance (F or U) x x Awesome - Subunit X Requirements Data Table Direct Materials Direct Labor Indirect Labor Actual Flexible Results Budget $ 29,000 $ 27,200 13,700 14,500 27,000 23,700 12,600 11,500 26,000 26,000 5,700 Awesome-Subunit X % Variance (F or U) Utilities Direct Materials Depreciation 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two decimal places 2. Based on the data presented, what type of responsibility center is this subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $2,500 or 10%? 4. Should only unfavorable variances be investigated? Explain. Direct Labor Repairs and Maintenance 4,900 Indirect Labor Actual Flexible Budget Results Flexible Budget Variance (For U) $ 29,000 $ 27,200 13,700 14,500 27,000 23,700 12,600 11,500 26,000 26,000 4,900 5,700 $ 113,200 $ 108,600 Total $ 113,200 $ 108,600 Utilities Depreciation Repairs and Maintenance Print Done Total Print Done