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 comma 800 or 12 % question mark 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 Actual Budgeted (U or F) Direct materials $12,930 $12,000 Direct labor 13,265 14,000 Indirect labor 23,380 20,000 Utilities 16,455 15,000 Depreciation 30,250 30,250 Repairs and maintenance 4,205 5,000 Total $100,485 $96,250