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One subunit of Field Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements. CE Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for each account as a positive number and select whether the variance is favorable or unfavorable. Enter the variance percent as a percentage rounded to two decimal places. X.XX%.) - X Actual Flexible Flexible Budget Requirements Subunit X Results Budget Variance (For U) Net Sales Revenue $ 473.000 S 453.000 1. Complete the performance evaluation report for the subunit (round to two Variable Expenses 265.000 254.000 decimal places). Contribution Margin $ 208,000 S 199,000 2 Based on the data presented and your knowledge of the company, what type of responsibility center is this subunit? Traceable Fixed Expenses 38,000 31,000 3. Which items should be investigated il part of management's decision criteria S 170.000 S 168.000 Divisional Segment Margin is to investigate all variances equal to or exceeding S4,000 and exceeding 10% (both criteria must be met)? 4. Should only unfavorable variances be investigated? Explain. 5. Is it possible that the variances are due to a higher-than-expected sales Data table volume? Explain 6. Will management place equal weight on each of the variances exceeding $4,000? Explain. Flexible Budget % Varlance (F 7. Which balanced Scorecard perspective is being addressed through this Subunit X Actual Results Flexible Budget Variance (F or U) or U) performance report? In your opinion, is this performance report a lead or a lag indicator? Explain. Net Sales Revenue S 473,000 S 453,000 8. List one key performance indicator for the three other balanced Scorecard 265.000 254,000 Variable Expenses perspectives. Make sure to indicate which perspective is being addressed by the Indicators you list. Contribution Margin 208.000 199,000 Traceable Fixed Expenses 38.000 31,000 S 170,000 S 168,000 Divisional Segment Margin Print Done (

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