One subunit of Xtreme 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%.) Actual Flexible % Variance Flexible Budget Variance (For U) Xtreme - Subunit X Results (F or U) Budget 26.400 Direct Materials $ % 28,500 $ 13,400 Direct Labor 13,900 % Indirect Labor 23,200 % Utilities % 26,300 12,600 29,000 4.800 11,700 29,000 5.900 Depreciation Repairs and Maintenance % % $ 114,600 $ 110,100 Total Requirement 2. Based on the data presented, what type of responsibility center this subunit? Requirement 2. Based on the data presented, what type of responsibility center is this subunit? What type of responsibility center is this unit? Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $2,500 or 10%? (If a box is not used in the table, leave the box empty.) Requirement 4. Should only unfavorable variances be investigated? Favorable variances be investigated to One subunit of Xtreme Sports Company had the following financial results last month: Real Data table Requirements Real nun two XtremeSubunit X % Variance (F or U) Direct Materials Direct Labor Indirect Labor Actual Flexible Budget Results Flexible Budget Variance (F or U) S 28,500 $ 26,400 13,400 13,900 26,300 23,200 12,600 11,700 29,000 29,000 4,800 5,900 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. Xtre Dire Utilities Dire Indi Utili Depreciation Repairs and Maintenance S 114,600 $ 110,100 Total Dep Print Done Rep Total Print Done Real