One subunit of Pike Sports Company had the following financial results last month (Click the icon to view the financial results ) Read the tequirements Requirement 1. Complete the performance evaluation report for this subunit Enter the variance percent as a percentage of the budgeted amount rounded to twvo places. (Enter a variance for each account as a positive number, and select whether the variance is favorable IFI or unfavorable (UJ For any zero variances, enter a 0 in the vanance column and then leave the F or U box blank Enter the vanance percent as a percentage rounded to two decmal places, XXXX) Actual Flexible Flexible Budget %Variance Results Budget Variance (F or U) F or s 28,900S 27,000 Pike- Subunit X Direct Materials 13,300 26,500 12,900 28,000 Direct Labor 14.000 23,400 12,000 28,000 5,300 s 109,700 Indirect Labor Utilities Depreciation 4.400 Repairs and Maintenance s 114,000 Total Requirement 2. Based on the data presented, what type of responsibility center is this subunit? What type of responsibility center is this unit? Chogse from any ist or enter any oumber in the inout toids and then continue to the nest question search ents. omplete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budget riance for each account as a positive number, and select whether the variance is favorable olumn and then leave the F or U box blank. Enter the variance percent as a percentage rounded to two decimal place [F] or unfavorable [U]. Fo Actu Requirements Re Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two decimal places 1. 2 2. Based on the data presented, what type of responsibility center is this subunit? 2 3. Which items should be investigated if part of management's decision criteria is aintenance to investigate all variances exceeding S2.500 or 10%? Should only unfavorable variances be investigated? Explain. S 11 4. 2. Based on the data p PrintDone responsibility center is any list or enter any number in the input fields and then continue to the next question ead the requirements Repairs and Maintenance Total Requirement 2. Based on the data presented, what type of responsibility center is this subunit? What type of responsibility center is this unit? Investment center 4,400 5,300 $ 114,000 $ 109,700 Requirement 3. Which items should be investigated if part of management's decision criteria is to used in the table, leave the box empty.) investigate all variances exceding $2,500 or 1037(0f a bax s Requirement 4. Should only unfavorable variances be investigated? Favorable variances Choose from any list or enter any number in the input fieids and then continue to the next question Y be investigated to
