Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for each account, and select whether the variance is unfav numbers. Enter the variance percentages rounded to three decimal places, X.XXX%.) Flexible Budget Variance (U or F) Percentage Variance (U or F) Flexible Budget $ 500,000 375,000 $ 125,000 10,000 ............... 10,380 Extreme Sports-Subunit X Actual Sales............................ $ 545,500 Cost of goods sold ............... 387,000 Gross margin......................$ 158,500 Operating expenses Operating income before service department charges ......$ 148,120 Service department charges (allocated) ........... 52,000 Operating income ........... 96,120 $ 115,000 40,000 75,000 $