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One subunit of Speed Sports Company had the following financial results last month: : (Click the icon to view the financial results.) Read the requirements.
One subunit of Speed 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 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) i Data Table Speed - Subunit X Direct Materials Direct Labor $ Actual Flexible Results Budget 28,800 $ 27,000 13,500 14,100 26,600 23,100 12,200 11,300 29.000 29,000 4,400 5.400 114,500 $ 109,900 Flexible Budget Variance (F or U) Indirect Labor Utilities Depreciation % Variance (F or U) Repairs and Maintenance $ Speed-Subunit X Direct Materials Direct Labor Indirect Labor Utilities Depreciation Repairs and Maintenance Actual Results Flexible Budget $ 28,800 $ 27,000 13.500 14,100 26.600 23,100 12.200 11,300 29,000 29,000 4,400 5,400 $ 114,500 $ 109,900 Total Total Print Done
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