Winter Sports Manufacturing Company - Team Sport Sub-unit Monthly Performance Report For the month Product Actual Budgeted Variance Variance percentage $ $ Sales 545,500 500,000 Less: Variable expenses 387,000 375,000 Contribution margin 158,500 125,000 Less: Direct fixed expenses 10,380 10,000 Segment margin 148, 120 115,000 Less: Common fixed expenses 52,000 40,000 Operating income 96,120 75,000 Required: (a) Based on the performance evaluation report in the question, compute variance and variance percentage for its subunit (round to three decimal places). (Hint: indicat favourable or unfavourable variance) (2 marks) (b) Assess whether only unfavourable variances should be investigated or not. (3 marks) (5 marks) (c) Analyse whether the management should place equal weight on each of the $12,000 variances. (d) Using Balanced Scorecard perspective, evaluate the performance of this subunit. (10 marks) (20 ma 12pt Paragraph BIUA AT hp