All requirements please

E24-22 Using responsibility reports to evaluate cost, revenue, and profit centers One subunit of Xtreme Sports Company had the following financial results last month: Requirements 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage 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. Solution