P24-20A (book/static) One subunit of Racer Sports Company had the following financial results last month: EEB (Click the icon to view the financial results.) Read the requirements. Question Help 1 Requirements 1. 2. 3. 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 $8,000 and exceeding 10% Should only unfavorable variances be investigated? Explain. 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 $8,000? 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. Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for eacha percent as a percentage rounded to two decimal places. XXX%.) variance Actual Flexible Results Budget $ 476,000 S 451,000 Flexible Budget Variance (F or U) Subunit X Net Sales Revenue Variable Expenses Contribution Margin Traceable Fixed Expenses Divisional Segment Margin (both criteria must be met)? 261,000 251,000 4. 5. $ 215,000S 200,000 26,000 $ 175,000 S 174,000 6. 40,000 7. 8. Print Done Choose from any list or enter any number in the input fields and then click Check