X iRequirements 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 Print Done X i Data Table Actual Flexible Budget % Variance Results Flexible Budget Racer-Subunit X Variance (F or U) (F or U) Direct Materials 28,700 $ 26,800 Direct Labor 13,300 14,100 23,700 Indirect Labor 26,700 Utilities 11,500 12,600 Depreciation 28,000 28,000 4,200 5,100 Repairs and Maintenance 113,500 $ 109,200 Total Print Done One subunit of Racer Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements a posltive number, and select whether the varlance is favorable unt IFLgr unfaverable Ul For any zero variances, enter a 0 in the variance colurnn and then lcave the F or U bax blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX3% Flexible Budget Actual Flexible Racer Subunit X Variance (F or U) Results Budget Direct Materials 28,700 26,800 Direct Labor 13,300 14,100 Indirect Labor 26,700 23,700 Utlitios 12,600 11,500 Depreciation 28,000 28,000 4,200 5.100 Repairs and Maintenance S 113,500 109.200 Total