please answer question 3

One subunit of Freeway Sports Company had the following financial results last month: (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 Subunit x Flexible Budget Variance (F or U) 28000 F Results Budget $ 479,000 $ 451,000 263,000 252,000 Net Sales Revenue (F or U) 6.21 % 4.37 % F Variable Expenses 11000 U U Contribution Margin $ 17000 F 8.54 % F 216,000 $ 37,000 199,000 30,000 7000 Traceable Fixed Expenses U 23.33 % U $ 179,000 $ 169,000 10000 F Divisional Segment Margin 5.92 % 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 both revenue and cost data ; therefore, this subunit must be a profit center. Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $4,000 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.) Contribution margin Net sales revenue Data table Flexible Budget % Variance (F Variance (F or U) or U) Subunit X Net Sales Revenue $ Actual Results Flexible Budget 479,000 $ 451,000 263,000 252,000 Variable Expenses Contribution Margin 216,000 37,000 199,000 30,000 Traceable Fixed Expenses $ 179,000 $ 169,000 Divisional Segment Margin Print Done Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $4,000 and exceeding 10% (both criteria must be met)? Management should investigate the following: (lf an input field is not used in the table, leave the input field empty.) Contribution margin Net sales revenue Variable expenses Traceable fixed expenses