One subunit of Event Sports Company had the following fancial results last month Click the loon to view the financial results) Read the requirements Requirement 1. Complete the performance evaluation report for this burround to the decinal places) Enter a variance for each account and select whether the verance is unforte (U) er vorable (F) Enter the resulte as positive numbers. Enter the varie perents as a percentage to three decimal places, "XXX") Event Sports Company - Team Sports Subunit Monthly Performance Report For the Month Variante Product Actual Budgeted Variance Parent Sales $ 480,00 $ 450,000 40.500 Less: Variable expenses 261,500 250,000 11.500 Contribution margir $ 229.000 200.000 20 000 La Directand expenses 80,000 3440 Segretmargin $ 145.500 120.000 2656 1000 11 Low Compres $ 8.00 IIIIII 20.00 Regulament 2. Bon the data pred what their This performance reports Prefore this un mub Requirements which um shot of management decision is to get redding to the matematik Choose from any story in the input to the vorable varie Managers would investig the root of the Remetis post there are Theo The budget Margement tomos reund below. They Requirement Give one way forwarded for the other three decide which perspectives and by the doors you were they are indicators Come on one beyond the scene Balanced perspective Key performance Indicator Are they lead to Explain Each of the performance me indicator which tende The performance Indicators down Choose from any sorry number in the input and then that Requirements go 15 251 201 1. Complete the performance evaluation report for this subunit (round to three 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 the management's decision criteria is to investigate all variances equal to or exceeding $11,500 and exceeding 14% (both criteria must be met)? 4. Should only unfavorable variances be investigated? Explain. 5. Is it possible that the variances are due to a higher-than-expected sales volume? Explain. 6. Do you think management will place equal weight on each of the $11,500 variances? Explain. 7. Which balanced Scorecard perspective is being addressed through this performance report? In your opinion, is this performance report a lead or lag indicator? Explain 8. Give one key performance indicator for the other three balanced scorecard perspectives. Indicate which perspective is being addressed by the indicators you list. Are they lead or lag indicators? Explain. 8 12 41 7 f Print Done