Requirments 1-3

- Data table X able. Enter the variance percent as a percenta Subunit X Flexibil. Budget% Variance (F Variance (For U) or U) Net Sales Revenue Actual Results Flexible Budget $ 474.000 $ 452,000 263.000 255,000 5 5 Variable Expenses Contribution Margin Traceable Fixed Expenses 211,000 39,000 197,000 27,000 170,000 $ 172,000 $ 21 Divisional Segment Margin 07 au Print Done List be mety? input field is not used in the table, leave the input field empty) Requirements ible Fle: Vari get 52.000 $5,000 1. Complete the performance evaluation report for the subunit (round to two decimal places) 2. Based on the data presented and your knowledge of the company, what type of responsibility center is this subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $5,000 and exceeding 10% (both criteria must be met)? 4. Should pnly unfavorable variances be investigated? Explain. 5. Is it possible that the variances are due to a higher-than-expected sales volume? Explain 6. Will management place equal weight on each of the variances exceeding $5,000? Explain. 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. 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. 27,000 27.000 +0,000 ir knowledge of theref part of managed both criteria must be met)? One stunt of orcine Sports Company has the following financiat results last mont koon to view the financial resuts) Read the requirements Requirement 1. Complete the perfomance evaluation report for the subunt(Enter a variance for each account as a positive trumber and select whether the variance is tovorable or unfavorable. Enter the variance percent Founded in two decimal places, X.XXX) Actual Flexible Flexible Budget Variance Subunit Results Budget Variance (For U) (For U) Not So Ravenue 5 474,000 $452.000 263,000 Varble Expenses 255.000 Combuson Margin + $ 211,000 5 197.000 Traces Fed Expenses 39.000 27,000 $ 172,000 5 Divisional Segment Margin 170,000 Requirement 2. fased on the data presented and your knowledge of the company, what type of responsibility center is the subunit? This performance report includes therefore, this subunit must be Requirement 3. Which items should be investigated if part of management decision crtentu a to nvestigate all varianos equal to or exceeding $5,000 and exceeding to% (both crturia must be moti? Management should investigate the following of an input field is not used in the tableave the input field empty) Etext pages Calculator 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 rounded to two decimal places, X.XX% Actual Flexible Budget Flexible Budget Variance (For U) % Variance (For U) Results Subunit X Net Sales Revenue Variable Expenses Contribution Margin Traceable Fixed Expenses both revenue and cost data only cost data Divisional Segment Margin only revenue data Requirement 2. Based on the dat 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 $5,000 and exceeding 10% (both Management should investigate the following: (If an input field is not used in the table, leave the input field empty) Etext pages Calculator quirement 1. Complete the performance evaluation report for the subunit (Enter a variance for each acount as a positive number and select whether the variance is favorable or unfavor nded to two decimal places, X.XX%) Actual Flexible Flexible Budget % Variance bunit X Results Budget Variance (For U) Sales Revenue 5 474,000 $ 452 000 263.000 ariable Expenses a cost center 255.000 ontribution Margin $ 211,000 $ 197.000 an investment center. 39,000 oceable Fixed Expenses 27,000 a profit center $ 172,000 $ 170.000 isional Segment Margin a revenue center t? quirement 2. Based on the data presented and your knowledge of the company, what type of this performance report includes therefore, this subunit must be Fequirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $5,000 and exceeding 10% (both criteria mu anagement should investigate the following: (if an input field is not used in the table, leave the input field empty) Etext pages Calculator Une Suunto Exercice spors compowatne following financial posts last month (Click the icon to Viow the financials Read the requirements Requirement 3. Which items should be investigated part of management's decision ontaria is to investigate all variances equal to or exceeding 55,000 and exceeding 10% (both arteria must be met? Management should investigate the following of an input field is not used in the tableave the input field empty Requirement 4. Should only unfavorable variances be investigated? Explain Managers should investigate Favorable expense variances Requirements. Is 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. Derences in sales volume are captured by the The 10 Requirement. Wil management place equal weight on each of the variances exceeding $5,000? Explain Management will W because Etext pages Calculator Un part of managements decision criteria is to investigate all variances equal to or exceeding $5,000 and exceeding 10% 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 ales volume? Explain The flexible budget variances get and actual. Differences in sales volume are captured by the favorable as well as unfavorable variances to only favorable variances eding $5,000? Explain. Requirement 6. Will manager only unfavorable variances because Management will Etext pages Calculator Read the room Requirements. Which one should be vestigated if part of managements decision creas to investigate al qual to or exceeding 35.000 and exceeding 10% borters must be med? Management should investigate the following: Of an input field is not used in the table leave the input felidempty Requirement 4. Should only unfavorable variances be investigated? Explain Managers should investigate Favorable expense variances Requirements. Is it possible that the variances are due to a higher than expected sales volume? Explain The fable budget variance due to sales volume dierences between budget and actual The fexble budget andet Indical treat the budget was prepared correctly may indicate costs weteng out that might not hur destina result in greater profits to the company Requirement 6. Wal management place equal weight on each of the variances exceeding $5,000? Expl Management will because Next Etext pages Calculator Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate al variances equal to or exceeding $5,000 and exceeding 10% (both crtariamas be me Management should investigate the following: (If an input field is not used in the table, leave the routfold empty) Requirement 4. Should only unfavorable variances de investigated? Explain Managers should investigate Favorable expense varances 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 These Requirement 6. Will managen sight on each of the variances exceeding $5,000? Explain because Management will are not Etext pages Calculator ang wance is last month im Click the icon to view the financial results) Head the time Requirement 3. Which dem shodid De Investigated part of management's decisioneria is to state variances equal to or 55.000 and exceeding 10% bother must be mati Management should investigate the following: (if an input field is not used in the tableave the fold uply Sexible budget conter performance report Requirement 4. Should only unfavorable variances de investigated? Explain Managers should investigate Favorable expense variances Requirements. Is it possible that the variances are due to a higher than expected sales volume? Explain The foxible budget variances due to sales volume diferences between budget and actual. Differences in sales volume are captured by the les volume variance, not the flexible budget variance The fexible budget an Requirement. We management place equal weight on each of the varios exceeding $5.0009 Explain Management wit because Nex Etext pages Calculator 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 V due to sales volume differences between budget and actual, Differences in sales volume are captured by the to Re Ma actual prices and costs varying from standards. of the variances exceeding $5,000? Explain because ng addressed through this performance report in your opinion, is this performance report a load or alag indicator Explan. perspective of the balanced Scorecard. performance measures tend to be Indicators. They typical Ro sales volume variances Thi 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 lat Etext pages Calculator Con to view the financiratuits Read the scents Requirements. Is it possible that the variances are due to a higher-expected sales volume? Explain The flexible budget varances due to sales volume differences between budget and actual. Differences in sales volume are captured by The texble bude to Requirements. We management place equal weight on each of the variances exceeding $5.000? Explain. Management wit because Requirement sport? In your opinion, is this performance report a Lead or a lag indicator? Explan. The performance performance measures tend to be indicators. They typically not place as much weight on each of the variances which exceed $5.000 Requirement 8 Make sure to indicate which perspective is being addressed by the indicators you list place equal weight on a variances Complete the fold recard perspective Balanced place more weight on the variable expenses variance perspective Indicator Etext pages Calculator Thion to point possible ne subunt of Exercise Sports Company had the following financial results last month Con to view the financieros Read the requirements Requirements is it possible that the variances are due to a higher than expected sales volume? Explan. The flexible budget variances dun totales volume differences between budget and actual Differences in volume are captured by the The fexible budget vans typically Requirement 6. We management place equal weight on each of the variances exceeding $5,000? Explain management wit Tatata) Requirement 7. Which balanced Scorecard perspective is being addressed through this performance The performance report dresses the perspective of the balanced Scorecard. al variances have a ficant imped on the company's bottom line Requirements. Listone key performance Indicator for the three other balanced Scorecard perspective they will consider the percentage change ano Complete the following table to identify one key performance Indicator for the three other balanced.com Balanced Scorecard Key performance Variable experts we more important than any of the other com perspective Indicator you Next Etext pages Calculator Rathee The budget one W un to sa webbutiker The Requirement wil management weight on each of the arces exceeding 2.000 Expo Management wit Requirement 7. 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In your opinion, this performance reportadora lag indicator? Explan. The performance reports perspective of the balanced Scorecard. performance med to be indication. They typically Requirement. Let ons key performance indicator for the three other balanced Scorecard perspectiv erspective is being red by the Indicators you ist Complete the following table to idently one key performance Indicator for the three other balanced Customer Balanced scorecard Key performance perspective Indicator Finance nema business Learning and grow Next Etext pages Calculator to bpons Company had the following financial results last month Click the soon to view the full results) ble budget variances due to sales volume differences between budget and actual. Differences in sales volume we captured by The fexbile budget wise mitrumente wil management place equal weight on each of the variances exceeding 35.0007 Explain. agment will because mutrement 7. Which butanod 100recard perspective is being addressed through this performance report? in your opinion, a his performance report a load or a la indicator? Explain performance report addresses the perspective of the balanced Scorecard performance mores tend to be Indicators. They typically uirements. Last one key performance indicator for the three other balanced Scorecard peripective. Make sure to indicate which perspective is being addre ators you list plete the following table to identity one key performance indicator for the three the balanced Scorecard perspectives Malanced Scorecard Key performance perspective Indicator lead Next Etext pages Calculator lume differences between budget and actual erences in sales volume are captured by the The flexible budget variance is due on each of the variances exceeding $5,000? Explain because e is being addressed through this performance report in your opinion, this performance report a load or a log indicator? Explain perspective of the balanced Scorecard. performance measures tend to be indicators. They typically the three other balanced Scorecard perspectives. Make sure to indicate which perspective is being addressed by the Indicators you list mance Indicator for the three other balanced Scorecard perspectives performance Indicator forcast future performance measure the results of past decisions Next Read the main The flexible budget variances due to sales volume differences between budget and actual. Differences in sales volume we cachored by the Requirement wil management place equal weight on each of the variances exceeding $5,000? Explain, Management in because Requirement 7. Which balanced Scorecard perspective is being addressed through this performance report? In your opinion, 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. Lintone key performance Indicator for the three other balanced Scorecard perspectives. Make sure to indicate which perspective is being addressed by the indicators you the Complete the following table to identify one key performance Indicator for the three other balanced Scorecard perspectives Balanced Scorecard Key performance perspective Indicator Etext pages Calculator