One subunit of Contest 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 the management's decision criteria is to investigate all variances exceeding $3,300 or 10%? 4. Should only unfavorable variances be investigated? Explain. Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive number. Round the variance percentages to the nearest hundredth percent, XXX% 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.) Product Direct materials Actual $ 19,305 $ Budgeted Variance (U or F) 18,000 Direct labor 15.405 16,250 Indirect labor Uulties 35,0101 30.000 12.330 11,250 Depreciation 36,400 36,400 4,690 5,600 Repairs and maintenance $123,140 $ 117.500 Tolal work Question 3, E10-20A (similar to) Part 1 of 5 Sports Manufacturing Company had the following financial results last month; Data table 1 2 3 C D E HW Score O Points Contest Sports Manufacturing Company-Camping and Hiking Subunit Monthly Performance Report For the Month Variance 4 Actual Budgeted Variance Percentage 5 Direct materials 183055 18.000 6 Direct labor 15.405 16.250 7 Indirect labor 35.010 30.000 Utilities 12.330 11,250 9 Depreciation 36,400 25.400 10 Repairs and maintenance 4.690 5.600 11 Total $123,140 117,500 Be sure to indicate whether each variance is favorable (F) or unfavorable (U) lp- $ 54 R 55 2 Print Done 96 g: do 00 & 7 8 T Y U Di TH ' 6 bb w F G H J K