Requirements Requirement 1. Complete the performance evaluation report for this subunit. Er and select whether the variance is favorable [F] or unfavorable [U]. For any zero places, X.XX%) Actual Flexible Flexible Budget Variance (F or U) Harris - Subunit X Results Direct Materials $ 28,000 $ Budget 25,900 13,800 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. Direct Labor 13,000 Indirect Labor 26,400 23.100 12,300 11,300 Utilities Depreciation 25,000 4.600 25,000 5,600 Repairs and Maintenance Print Done 109,300 $ Total 104,700