One subunit of Racer Sports Manufacturing Company had the following financial results last month:

$($Click the icon to view the financial results.$)$

Requirements

Complete the performance evaluation report for this subunit.

Based on the data presented, what type of responsibility center is the subunit?

Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $$3,200$ or $10\%?$

Should only unfavorable variances be investigated? Explain.

Requirement $1.$ Complete the performance evaluation report for this subunit. $($Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, $x.xx\%.$ Label each variance as favorable $($F$)$ or unfavorable $($U$).$ If the variance is $0,$ make sure to ente in a $"0".$ A variance of zero is considered favorable.$)$