One subunit of Zoom Sports Manufacturing Company had the following financial results last month: (Click the icon to view the financial results.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,500 or 12.5%? 4. 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 enter in a "0". A variance of zero is considered favorable.) Variance Product Actual Budgeted (U or F) Direct materials Direct labor $ 21,480 $ 20,000 16,660 17,500 Indirect labor 28,140 24,000 Utilities 10,940 10,000 Depreciation 21,800 21,800 4,195 5,000 Repairs and maintenance $ 103,215 $ 98,300 Total