- X Data table Subunit X Net Sales Revenue Variable Expenses Contribution Margin Traceable Fixed Expenses Divisional Segment Margin Flexible Budget% Variance (F Actual Results Flexible Budget Variance (For U) or U) $ 478,000 $ 453,000 264.000 253,000 214,000 200,000 40,000 28,000 $ 174,000 $ 172,000 Print Done 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 or unfavorable. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) % Variance Flexible Budget Variance (F or U) Subunit X (F or U) Actual Flexible Results Budget $ 478,000 $ 453,000 264,000 253,000 Net Sales Revenue % % Variable Expenses Contribution Margin % $ 214,000 $ 40,000 200,000 28,000 Traceable Fixed Expenses % $ 174,000 $ 172,000 Divisional Segment Margin % 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 $8,000 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. V due to sales volume differences between budget and actual. Differences in sales volume are captured by the The The flexible budget variances flexible budget variance is due to Requirement 6. Will management place equal weight on each of the variances exceeding $8,000? 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 indicator perspective