Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for each account as a positive number and Actual Flexible Flexible Budget % Variance Subunit X Results Budget Variance (F or U) (For U) Net Sales Revenue $ 478,000 $ 454,000 % Variable Expenses 261,000 254,000 Contribution Margin $ 217,000 $ 200,000 Traceable Fixed Expenses 41,000 25,000 % Divisional Segment Margin $ 176,000 $ 175,000 % 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 $9,000 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 Requirement 6. Will management place equal weight on each of the variances exceeding $9,000? Explain. Management will because Requirement 7. 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. The performance report addresses the perspective of the balanced Scorecard. performance measures tend to be indicators. They typically Requirement 8. 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. Complete the following table to identify one key performance indicator for the three other balanced Scorecard perspectives. Balanced scorecard Key performance Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Requirement 8. 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. Complete the following table to identify one key performance indicator for the three other balanced Scorecard perspectives. Balanced scorecard Key performance indicator perspective Choose from any list or enter any number in the input fields and then continue to the next question. - X Data Table Flexible Budget % Variance (F Variance (F or U) or U) Subunit X Net Sales Revenue Variable Expenses Contribution Margin Traceable Fixed Expenses Actual Results Flexible Budget $ 478,000 $ 454,000 261,000 254,000 217,000 200,000 41,000 25,000 $ 176,000 $ 175,000 Divisional Segment Margin Print Done