hey bam (FM 2 Apal 14 2022 from 1:00 to 4:00 PM - Google Chrome wowlabpearson.com/Student/Player Test.aspx?testld=241168498¢erwin=yes Management Accounting 410-334-AB CFM-23 Chapters 8 to 12 Nadia Misson 04/14/22 LA PA Test: Final Exam CFM-23 April 14 2022 from 1:00 to 4:00 PM Question 3 1 This test: 100 point(s) possible This question: 10 point(s) possible Submit The accountant for a subunit of BlueHill Company went on vacation before completing the subunit's monthly performance report, This is as far as she got. (Click the icon to view the performance report.) Requirements 1. Complete the performance evaluation report for this subunit. Based on the data presented, what type of responsibility centre is this subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $15,000? Interpret your results. (What could cause these variances? What impact might these variances have on weis and operations?) Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as a positive numbers. Label each variance as favourable (F) or unfavourable (U).) Static BlueHill-Subunit X Revenue by Flexible Budget Flexible Sales Volume (Master) Product Actual Variance Budget Variance Budget 326,000 X Downhill Model RI . . S 20,000 $ 300,000 Performance report Downhill Model RII. . .. S 155,000 $ 165,000 150,000 Cross-Country Model EXI. . 283,000 $ 2,000 U S 285,000 300,000 Flexible Sales Static Cross-Country Model EXII . .. . s 252,000 $ 245,000 $ 17,500 U $ 262,500 BlueHill-Subunit X Revenue by Budget Flexible Volume Master 400,00 Product Actual Variance Budget Variance Budget Snowboard Model LXI. . 425,000 $ 5,000 . S 326,000 $ 20.000 F 5 300 607 1,441,000 $ 1,412,500 Downhill Model RI . . ... .. . . ........ Total Downhill Model RIl. 155,000 $ 165,000 159 800 Cross-Country Model EXI. . .. 283 000 $ 2:000 U 285 00 100 672 Requirement 2. Based on the data presented. what type of responsibility centre is this subunit? Cross-Country Model EXII . . .... 252 000 245 000 17 500 262 500 This subunit is a(n) 425 000 5 000 Snowboard Model LXI. . Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $15,000 $ 1,441 000 5 1 412.350 Total Using the flexible budget variance as a guide, which of the following items will be investigated? (Select all that apply.) A. Downhill Model RIl Print Done B. Cross-Country Model EXII C. Cross-Country Model EXI D. Snowboard Model LXI E. Downhill Model RI Time Remaining 27 Next Type here to search