One subunit of Snow 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%.) Flexible Budget Variance (F or U) Snow - Subunit X Direct Materials Direct Labor Actual Flexible Results Budget $ 29,000 $ 27 200 13,300 14,100 26,800 23,800 12,400 11 300 27,000 27,000 4,200 5,400 Indirect Labor Utilities Depreciation Repairs and Maintenance $ 112,700 $ 108,800 Total Data Table Snow-Subunit X Direct Materials Direct Labor Indirect Labor Utilities Depreciation Repairs and Maintenance Actual Flexible Budget % Variance Results Flexible Budget Variance (F or U) (F or U) $ 29,000 $ 27,200 13,300 14,100 26,800 23,800 12,400 11,300 27,000 27,000 4,200 5,400 $ 112,700 $ 108,800 Total Print Done -X 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