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1. Complete the performance evaluation report for this subunit.

2. Based on the data presented, what type of responsibility center is the subunit?

3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding or

4. Should only unfavorable variances be investigated? Explain.

One subunit of Racer Sports Manufacturing Company had the following financial results last month: (Click the icon to view the financial results.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,700 or 12%? 4. Should only unfavorable variances be investigated? Explain. Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, X.XX%. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Variance (U or F) Product Direct materials Direct labor Indirect labor Utilities Depreciation Repairs and maintenance Total Actual Budgeted $ 16,140 $ 15,000 19,020 20,000 29,300 25,000 13,110 12,000 19,000 19,000 3,370 4,000 $ 99,940 $ 95,000 - - X 1 2 N percentages to ro". A variance 4 4 One subunit of Racer Sports Manufacturing Company had the following financial results last month: Click the icon to view the financial results.) Requirements 1. Complete the Data table 2. Based on the 3. Which items 4. Should only B D E Racer Sports Manufacturing CompanyWater Sports Subunit 2 Monthly Performance Report Requirement 1. 3 For the Month the nearest hund Variance of zero is consid Actual Budgeted Variance * Percentage * 5 Direct materials $ 16,140 $ 15,000 6 Direct labor 19,020 20,000 7 Indirect labor 29,300 25,000 Direct materials 8 Utilities 13,110 12,000 Direct labor 9 Depreciation 19,000 19,000 Indirect labor 10 Repairs and maintenance 3,370 4,000 Utilities 11 Total $ 99,940 $ 95,000 Depreciation *Be sure to indicate whether each variance is favorable (F) or unfavorable (U). Repairs and ma Total Print Done

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