One subunit of Boxing 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 the subunit. (Enter a variance for each account as a positive number and select whether the variance is favorable or unfavorable. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Actual - Flexible X Flexible Budget 0 % Variance Requirements Subunit X Results Budget Variance (F or U) (For U) Net Sales Revenue $ 478,000 S 455,000 1. Complete the performance evaluation report for the subunit (round to two Variable Expenses 260,000 252,000 decimal places). Contribution Margin $ 218,000 S 203,000 2. Based on the data presented and your knowledge of the company, what type of responsibility center is this subunit? Traceable Fixed Expenses 41,000 29,000 3. Which items should be investigated if part of management's decision criteria $ Divisional Segment Margin 177,000 S is to investigate all variances equal to or exceeding $5,000 and 174,000 exceeding 10% (both criteria must be met)? Requirement 2. Based on the data presented and your knowledge of the company, what type of responsibility center is this subu 4. Should only unfavorable variances be investigated? Explain. 5. Is it possible that the variances are due to a higher than expected This performance report includes therefore, this subunit must be sales volume? Explain. 6. Will management place equal weight on each of the variances exceeding Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal $5,000? Explain. Management should investigate the following: (If a box is not used in the table, leave the box ompty.) 7. Which balanced Scorecard perspective is being addressed through this performance report? In your opinion, is this performance report a lead or a lag indicator? Explain. 8. List one key performance indicator for the three other balanced soorecard perspectives. Make sure to indicate which perspective is being addressed by the indicators you list. Choose from any list or enter any number in the input fields and then continue to the next