this is everthing given. please help with whole question. 7-22
% Variance (F or U) % % % % 1100 % % Requirement 2. Based on the data presented, what type of responsibility center is this subunit? What type of responsibility center is this unit? Requirements. Which items should be investigated it part of management's decision criteria is to investigate all variances exceeding $2,500 or 10%? (if a box is not used in the table leave the box amply) Clear all Check answer Help me solve this Etext pages Get more help Requirement 4. Should only unfavorable variances be investigated? Help me solve this Etext pages Get more help Favorable variances be investigated to Help me solve this Etext pages Get more help Cle One subunit of Extreme 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 this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two places. (Enter av for each account as a positive number, and select whether the variance is favorable [F) or unfavorable [U]. For any zero variances, enter a in the variance column and then leave or U box blank Enter the variance percent as a percentage rounded to two decimal places, XXX%) Actual Flexible Flexible Budget Extreme - Subunit X Results Budget Variance (Foru) Direct Materials $ 28.400 5 20,300 Direct Labor 14,500 Indirect Labor 26.200 22.900 Us 12.000 12.100 Depreciation 27.000 27.000 5.100 Repairs and Maintenance 5.000 Total 108,700 5 113.500 5 13.900 Data table - X R $ Extreme--Subunit X Direct Materials Direct Labor Indirect Labor Utilities Depreciation Repairs and Maintenance Total Actual Flexible Budget % Variance Results Flexible Budget Variance (For U) (F or U) 28,400 $ 26,300 13,900 14,500 26,200 22,900 12,900 12,100 27,000 27,000 5,100 5,900 hance S $ 113,500 $ 108,700 Requirements 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two decimal places 2. Based on the data presented, 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 exceeding $2,500 or 10%? 4. Should only unfavorable variances be investigated? Explain