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One subunit of Mountain 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 a variance for each account as a positive number, and select whether the variance is favorable [F] or unfavorable [U]. For any zero variances, enter a 0 in the variance column and then leave the For U box blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Flexible Budget Variance (F or U) Mountain - Subunit X Actual Results $ 28,800 $ 14,000 Direct Materials Direct Labor Indirect Labor 26,700 Flexible Budget 26,800 14,700 23,400 11,400 29,000 5,900 111,200 Utilities Depreciation 12,200 29,000 4,700 Repairs and Maintenance $ 115,400 $ Total A Data Table Flexible Budget Variance (F or U) % Variance (F or U) Mountain Subunit X Direct Materials Direct Labor Indirect Labor Actual Results Flexible Budget $ 28,800 $ 26,800 14,000 14,700 26,700 23,400 12,200 11,400 29,000 29,000 4,700 5,900 $ 115,400 $ 111,200 Utilities Depreciation Repairs and Maintenance Total Print Done 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. Print Print Done Done

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