Please answer according to the form

- Data table Flexible Budget % Variance (F Variance (F or U) or U) Subunit X Actual Results Flexible Budget Net Sales Revenue $ 476,000 $ 262,000 451,000 255,000 Variable Expenses Contribution Margin 214,000 41,000 196,000 28,000 Traceable Fixed Expenses $ 173,000 $ 168,000 Divisional Segment Margin Print Done Next question One subunit of Field Sports Company had the following financial results last m (Click 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%.) Actual Flexible % Variance Flexible Budget Variance (F or U) Subunit x (F or U) Net Sales Revenue Results Budget $ 476,000 $ 451,000 262,000 255,000 % % Variable Expenses Contribution Margin $ % 214,000 $ 41,000 196,000 28.000 Traceable Fixed Expenses % $ 173,000 $ 168,000 Divisional Segment Margin % Requirement 2. Based on the data presented and your knowledge of the company, what type of responsibility center is this subunit? This performance report includes therefore, this subunit must be Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $10,000 and exceeding 10% (both criteria must be met)? Management should investigate the following: (If an input field is not used in the table, leave the input field empty.) Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $10,000 and exceeding 10% (both criteria must be met)? Management should investigate the following: (If an input field is not used in the table, leave the input field empty.) Requirement 4. Should only unfavorable variances be investigated? Explain. Managers should investigate Favorable expense variances Requirement 5. Is it possible that the variances are due to a higher-than-expected sales volume? Explain. The flexible budget variances due to sales volume differences between budget and actual. Differences in sales volume are captured by the The flexible budget variance is due to