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 F or U box blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Pike - Subunit X Direct Materials Direct Labor Indirect Labor Utilities Depreciation Repairs and Maintenance Total Actual Flexible Flexible Budget Results Budget Variance (F or U) $ 28,400 $ 26,500 13,200 14,000 26,700 23,400 12,700 11,700 27,000 27,000 5,100 6,100 $ 113,100 $ 108,700 Data table Actual Pike-Subunit X Results Flexible Budget Flexible Budget Variance (F or U) % Variance (F or U) Direct Materials $ 28,400 $ 26,500 Direct Labor 13,200 14,000 Indirect Labor 26,700 23,400 Utilities 12,700 11,700 Depreciation 27,000 27,000 5,100 6,100 Repairs and Maintenance $ 113,100 $ 108,700 Total Print Done 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. Print Done