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One subunit of Zoom Sports Manufacturing Company had the following financial results last month: 3 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 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 (U or F) Direct materials $ Actual Budgeted 26,925 $ 25,000 14,235 15,000 Direct labor Indirect labor 29,275 25,000 Utilities 13,170 12,000 Depreciation Repairs and maintenance 15,500 6,315 15,500 7,500 $ 105,420 $ Total 100,000 Choose from any list or enter any number in the input fields and then click Check Answer. ? parts remaining Clear All Check Answer i . Data Table Zoom Sports Manufacturing Company-Running Apparel Subunit Monthly Performance Report For the Month Variance Product Actual Budgeted Variance* Percentage * Direct materials $ 26,925 $ 25,000 Direct labor 14,235 15,000 Indirect labor 29,275 25,000 Utilities 13,170 12,000 Depreciation 15,500 15,500 Repairs and maintenance 6,315 7,500 Total $ 105,420 $ 100,000 *Be sure to indicate whether each variance is favorable (F) or unfavorable (U). Print Done