One subunit of Outdoor Sports 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 centre is this subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding 53 200 or 12%? 4. Should only unfavourable variances be investigated? Explain. 30 Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive numbers and the variance percent as a percentage to two decimal places. If the variance is zero, make sure to enter in a "0." Label each variance as favourable (F) or unfavourable (U) unless the variance is zero; then do not select a label. Flexible Flexible Budget Outdoor Sports-Subunit X - X Actual Budget Variance (U or F % Variance (U or F) Financial results Direct materials $ 20 436 $ 19,500 % Direct labour 12.402 13,000 Flexible Indirect labour 31.959 26,500 Budget Utilities 10.165 9,500 % Flexible Variance (U % Variance" U Outdoor SportsSubunit X Actual Budget or F) or F) Depreciation 24,000 24,000 % Direct materials S 3,933 20,436 S 19.500 Repairs and maintenance 4,600 % Direct labour 12,402 13,000 $ 102.895 $ Total 97,100 % Indirect labour 31,959 26.500 Utilities ... 10,165 9,500 Depreciation..... 24,000 24,000 3,933 4,600 Repairs and maintenance Total 97.100 S 102,895 $ * Flexible budget variance/Flexible budget Print Done Help me solve this Video Get more help