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One subunt of Speed Sports Compoey had the following financial resuls last month: - III (Click the icon to view the financid resuls.) Read the

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One subunt of Speed Sports Compoey had the following financial resuls last month: - III (Click the icon to view the financid resuls.) Read the reguirements. Requirement 1. Complete the performance evaluation repoit for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two places. (Enter a variance for egch account as a postive number, and soled atwether the variance is favorable IF ce unfavorable (U). For any zaro varancos, encer a 6 in the variance column and then leave the F or U box biank. Enter the varlance percent as a percentage rounded to two decimal places, Xx. Data table 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

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