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One subunit of Extreme Sports Company had the following financial results last month: . Requirement 1. Complete the performance evaluation report for this subunit. Enter

One subunit of Extreme Sports Company had the following financial results last month:

.

Requirement 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two places. (Enter a variance for each account as a positive number, and select whether the variance is favorable [F] or unfavorable [U]. For any zero variances, enter a 0 in the variance column and then leave the F or U box blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.)

Actual

Flexible

Flexible Budget

Extreme - Subunit X

Results

Budget

Variance (F or U)

Direct Materials

$28,500

$26,500

Direct Labor

13,100

13,600

Indirect Labor

26,300

23,000

Utilities

12,800

11,800

Depreciation

29,000

29,000

Repairs and Maintenance

4,700

5,600

Total

$114,400

$109,500

Data Table

Actual

Flexible Budget

% Variance

ExtremeSubunit X

Results

Flexible Budget

Variance (F or U)

(F or U)

Direct Materials

$28,500

$26,500

Direct Labor

13,100

13,600

Indirect Labor

26,300

23,000

Utilities

12,800

11,800

Depreciation

29,000

29,000

Repairs and Maintenance

4,700

5,600

Total

$114,400

$109,500

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