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 $3,400 or 12%? 4 Should only unfavorable varianoes 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 'o'. A variance of zero is considered favorable.) i Data Table Variance Product Actual Budgeted (U or F) A B D E Direct materials $ 16,140 $ 15,000 20,000 1 Direct labor Event Sports Manufacturing Company-Surfing Accessories Subunit 19,020 2 29,300 Indirect labor Monthly Performance Report 25,000 3 For the Month Utilities 13,110 12,000 Depreciation 19.000 19,000 Variance Percentage 4 Actual 3,370 4,000 Repairs and maintenance 5 Direct materials S Budgeted Variance 16,140 $ 15,000 19,020 20,000 $ 99,940 $ 95.000 Total 8 Direct labor 7 Indirect labor 29,300 25,000 B utilities 13, 110 12,000 19.000 19,000 9 Depreciation 10 Repairs and maintenance 3,370 4,000 Choose from any list or enter any number in the input fields and then click Check Answer. ? 11 Total S 99,940 $ 95,000 "Be sure to indicate whether each variance is favorable (F) or unfavorable (U). 4 parts remaining 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 $3,400 or 12%? 4 Should only unfavorable varianoes 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 'o'. A variance of zero is considered favorable.) i Data Table Variance Product Actual Budgeted (U or F) A B D E Direct materials $ 16,140 $ 15,000 20,000 1 Direct labor Event Sports Manufacturing Company-Surfing Accessories Subunit 19,020 2 29,300 Indirect labor Monthly Performance Report 25,000 3 For the Month Utilities 13,110 12,000 Depreciation 19.000 19,000 Variance Percentage 4 Actual 3,370 4,000 Repairs and maintenance 5 Direct materials S Budgeted Variance 16,140 $ 15,000 19,020 20,000 $ 99,940 $ 95.000 Total 8 Direct labor 7 Indirect labor 29,300 25,000 B utilities 13, 110 12,000 19.000 19,000 9 Depreciation 10 Repairs and maintenance 3,370 4,000 Choose from any list or enter any number in the input fields and then click Check Answer. ? 11 Total S 99,940 $ 95,000 "Be sure to indicate whether each variance is favorable (F) or unfavorable (U). 4 parts remaining