One subunit of Zone Sports Company had the following financial results last month EEBClick the icon to view the financial results.) Read the requirements. Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for each account as a positive number and select whether the variance is favorable or unfavorable. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Flexible Budget Actual Flexible Variance (F or U) Subunit X Results Budget $ 476,000 $ Net Sales Revenue 452,000 261,000 252,000 Variable Expenses $ 215,000 $ Contribution Margin 200,000 39,000 26,000 Traceable Fixed Expenses 176,000 $ 174,000 Divisional Segment Margin Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Check Answer Data Table Flexible Budget % Variance Flexible Budget Variance (F or U) Subunit X Actual Results (F or U) Net Sales Revenue 476,000 $ 452,000 261,000 252,000 Variable Expenses Contribution Margin 200,000 215,000 26,000 39,000 Traceable Fixed Expenses $ 176,000 $ 174,000 Divisional Segment Margin Print Done 1. Complete the performance evaluation report for the subunit (round to two decimal places) . Based on the data presented and your knowledge of the company, what type of responsibility center is this subunit? . Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $7,000 and exceeding 10% (both criteria must be met)? 1. Should only unfavorable variances be investigated? Explain. 5. Is it possible that the variances are due to a higher-than-expected sales volume? Explain. . Will management place equal weight on each of the variances exceeding $7,000? Explain . Which balanced scorecard perspective is being addressed through this performance report? In your opinion, is this performance report a lead or a lag indicator? Explain. . List one key performance indicator for the three other balanced scorecard perspectives. Make sure to indicate which perspective is being addressed by the indicators you list Print Done