One subunit of Contest Sports Manufacturing Company had the following financial results last month Click the icon to view the cal results. Requirements 1. Complete the performance evaluation report for this subunit 2. Based on the data presented what type of responsibly Center is the subunt? 3. Which teams should be investigated if part of the managements dicionalna is to investigate all variances exceeding 52,700 or 10%? 4. Should only unworth wiances to investigated? Epla Requirement Complete the performance avion report for the subunit (Enter the vice posle numbers Round the variance percentages to the nearest hundredth percent, XXX Label each variance favorable (Tornavo the variance is make sure to enter in Aviance of considered favorable Varande Valance Percentage Product Achi Budgeted ( UF) ( UF) Deuts S 21.500 5 20.000 1,500 Do 14260 35.000 indir 29,20 25 000 4.250 U 20 DER Choose to enter any number in the hotels and then chok Check Answer * Data Table ay had A B D E This such ensibility manag ed? EXA 3 Lion repol makes percent Contest Sports Manufacturing Company-Toning and Accessories Subunit 2 Monthly Performance Report For the Month Variance 4 Actual Budgeted Variance Percentage 5 Direct materials S 21.500 5 20.000 6 Direct labor 14,250 15.000 7 Indirect labor 29.250 25.000 8 Utilities 10.950 10,000 9. Depreciation 25000 25.000 10 Repairs and maintenance 4 200 5.000 11. Total $ 105.150 5 100.000 "Be sure to indicate whether each variance is favorable (F) or unfavorable /U). Actua $ 21 14 29 40 he input ne Print Done 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 iterns should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,700 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 numbers. Round the variance percentages to the ne tavorable (F) or unfavorable (U). the variance is O, make sure to enter in a "0". A variance of zero is considered favorable:) Variance Variance Percentage Product Actual Budgeted (U or F) (U or F) Dired materials $ 21.500 5 20.000 $ 1.500 U 5% Dreditor 14250 15,000 750 F red labor 29 250 25.000 4250 U 20% 7 % 10 m 11 Choose from any to enter any number in the input felds and then chok Check Answer 3 Clear Al 3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,700 or 10%? 4. Should only unfavorable variances be investigated? Explain Product Direct materials (U or F) 1,500 U 750F Direct labor Actual Budgeted $ 21,500 5 20,000 $ 14,250 15,000 29,250 25,000 10,950 10,000 25.000 25000 4200 5,000 $ 105,150 $ 100.000 (U or F) 5 % 5 % 20% Indirect labor 7.5% Utilities Depreciation Repairs and maintenance 4.250 U 950 U OF 800 F 14 % % Total 5.150 W % Choose from any list or enter any number in the intent and the
