3 1 2 Data table A B E Winter Sports Manufacturing Company-Toning and Accessories Subunit Monthly Performance Report For the Month Variance 4 Actual Budgeted Variance* Percentage" 5 Direct materials $ 16,095 $ 15,000 6 Direct labor 15,240 16,000 7 Indirect labor 8 Utilities 9 Depreciation 10 Repairs and maintenance 11 Total $ 107,215 $ 102,500 *Be sure to indicate whether each variance is favorable (F) or unfavorable (U). 29,200 25,000 16,395 15,000 24,000 24,000 6,285 7,500 Print Done - e ne One subunit of Winter 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 $2,600 or 11%? 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, XXX% 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 Product Actual Budgeted (U or F) Direct mate $ 16,095 $ 15,000 Direct labor 15,240 16,000 Indirect labor 29.200 25,000 Utities 16,395 15,000 Depreciation 24,000 24,000 Repairs and maintenance 6,285 7,500 Total $107,215 $ 102,500