Reference no: EM133901571

Problem

The following financial results last month: View the financial results.LOADING... Read the requirements.LOADING... Question content area bottom Part 1 Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as positive numbers. Round the variance percentages to hundredth percent, X.XX%. Label each variance as favorable (F) or unfavorable (U), Variance Variance Percentage Product Actual Budgeted (U or F) (U or F) Direct materials $12,930 $12,000 % Direct labor 13,265 14,000 % Indirect labor 23,380 20,000 % Utilities 16,455 15,000 % Depreciation 30,250 30,250 % Repairs and maintenance 4,205 5,000 % Total $100,485 $96,250 %. Based on the data presented, what type of responsibility center is this subunit? This subunit is a(n) cost center. investment center. profit center. revenue center. Get the instant assignment help. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $ 2 comma 900 or 13 % question mark. -Should only unfavorable variances be investigated? Yes/No -favorable variances -no need to instigate,-should investigate(not happen again), should investigate (not hurting long run)