One subunit of Mountain 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 rounder 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\%.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline Mountain-Subunit X & & \begin{tabular}{l} ctual \\ esults \end{tabular} & Flexible & Budget & \begin{tabular}{l} Flexible Budget \\ Variance (F or U) \end{tabular} & \begin{tabular}{c} % Variance \\ (F or U) \end{tabular} \\ \hline Direct Materials & $ & 29,100 & $ & 27,100 & & \\ \hline Direct Labor & & 13,800 & & 14,600 & & \\ \hline Indirect Labor & & 26,000 & & 23,000 & & " \\ \hline Utilities & & 12,200 & & 11,100 & & \\ \hline Depreciation & & 29,000 & & 29,000 & & \\ \hline Repairs and Maintenance & & 4,200 & & 4,900 & & \\ \hline Total & $ & 114,300 & $ & 109,700 & & \\ \hline \end{tabular} Requirements 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two 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 management's decision criteria is to investigate all variances exceeding $2,500 or 10% ? 4. Should only unfavorable variances be investigated? Explain