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One subunit of Awesome Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements.

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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 F or U box blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Awesome-Subunit X Actual Results Flexible Flexible Budget Budget Variance (F or U) Direct Materials $ 29,100 $ 27,100 Direct Labor 13,200 13,800 Indirect Labor 26,200 23,100 Utilities 12,200 11,100 Depreciation 29,000 29,000 Repairs and Maintenance 4,000 5,100 $ 113,700 $ 109,200 Total st Data table Awesome-Subunit X Direct Materials Direct Labor Indirect Labor Utilities Depreciation Repairs and Maintenance Total Actual Flexible Budget Results Flexible Budget Variance (F or U) $ 29,100 $ 27,100 13,200 13,800 26,200 23,100 12,200 11,100 29,000 29,000 4,000 5,100 $ 113,700 $ 109,200 Print Done % Variance (F or U) -X Requirements 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. Print Done -X

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