One subunit of Pike Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements. 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 For U box blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Actual Flexible % Variance Flexible Budget Variance (F or U) Pike - Subunit X Results (F or U) Budget 26,900 Direct Materials $ 28,900 $ % Direct Labor 14,300 % Indirect Labor % 23,400 11,700 Utilities % 13,700 26,900 12,500 29,000 4,700 115,700 $ Depreciation % 29,000 5,700 Repairs and Maintenance % $ 111,000 Total % Requirement 2. Based on the data presented, what type of responsibility center is this subunit? What type of responsibility center is this unit? Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $2,500 or 10%? (lf a box is not used in the table, leave the box empty.) Requirement 4. Should only unfavorable variances be investigated? Favorable variances be investigated to i Data Table Actual Flexible Budget Variance (F or U) % Variance (F or U) Pike-Subunit X Results Flexible Budget Direct Materials $ 28,900 $ 26,900 Direct Labor 13,700 14,300 Indirect Labor 26,900 23,400 Utilities 11,700 Depreciation Repairs and Maintenance 12,500 29,000 4,700 29,000 5,700 $ Total 111,000 115,700 $ Print Done