One subunit of Event 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 $3,000 or 12%? 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 nearest hundredth percent, X.XX%. 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 Variance (U or F) Actual Budgeted Direct materials $ 13,400 $ 12,500 Direct labor 18,940 20,000 Indirect labor 35,220 9,555 30,000 8,750 Utilities henraristinn 96 125 26 125 Choose from any list or enter any number in the input fields and then click Check Answer. 2 4 parts remaining Clear All Check Answer One subunit of Event 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 $3,000 or 12%? 4. Should only unfavorable variances be investigated? Explain. Variance (U or F) Product Actual Budgeted $ 13,400 $ 12,500 Direct materials Direct labor 18,940 20,000 Indirect labor 30,000 35,220 9,555 8.750 Utilities Depreciation Repairs and maintenance 26,125 26,125 10,000 8,430 Total $ 111,670 $ 107,375 Choose from any list or enter any number in the input fields and then click Check Answer. parts 4 remaining Clear All Check Answer i Data Table CO B D E BS 1 Event Sports Manufacturing Company-Toning and Accessories Subunit Monthly Performance Report un N 3 For the Month 1. th 4 Variance Percentage AV Variance 5 Direct materials Actual Budgeted $ 13,400 $ 12,500 18,940 20,000 35,120 30,000 6 Direct labor 7 Indirect labor 8 Utilities 9,555 8,750 Is 9 Depreciation 26,125 26,125 10 Repairs and maintenance 8,430 10,000 11 Total $ 111,670 $ 107,375 "Be sure to indicate whether each variance is favorable (F) or unfavorable (U). any Print Done