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E24-16 (similar to) The accountant for a subunit of Snow Sports Company went on vacation before completing the subunit's monthly responsibility report. This is as
E24-16 (similar to) The accountant for a subunit of Snow Sports Company went on vacation before completing the subunit's monthly responsibility report. This is as far as she got: E: (Click the icon to view the responsibility report.) Read the requirements. Requirement 1. Complete the responsibility report for this subunit. Actual Flexible Budget Flexible Sales Volume SnowSubunit X Revenue by Product Downhill-RI Results Variance Budget Variance Static Budget $ 306,000 $ 328,000 $ 17,000 F Requirements 1. Complete the responsibility report for this subunit. 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 $16,000? Print Done Data Table Actual Flexible Budget Flexible Sales Volume Static SnowSubunit X Revenue by Product Downhill-RI Results Variance Variance 17,000 F (d) Budget 306,000 $ $ Downhill-RII $ 150,000 Cross-EXI 328,000 158,000 286,000 $ 254,000 425,000 1,451,000 (a) (0) 1,000 U (1) 1,000 F Budget (b) 170,000 287,000 245,000 (g) () Cross-EXII Snow-LXI (e) 20,500 U (h) (k) 304,000 265,500 402,000 1,427,500 $ $ Total Print Done
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