hy (Click the icon to view the performance report.) Requirements 1. Complete the performance evaluation report for this subunit 2. 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 S16,000? Intcrprct your results. (What could cause these variances? What impact might these variances have on company inventory levels and operations?) Requirement 1. Complete the performance evaluation report for this subunit (Enter the variances as a positive numbers. Label cach variance as favourable (F) or unfavourable (U). Flexible Sales Adventure SportsSubunit X Revenue by Product Budget Variance Flexible Budget Volume Variance Static (Master) Budget Actual Downhill Model RI $ 323,000 $7,000 F '$ 316,000 $ 16,000 F S 300,000 Downhill Model RI 154.000 10.000 U 164.000 17.000 F 147,000 2a3 000 2000 u 265,000 16,000U 301.000 Cross Country Model FX Cross-Country Model EXI 259,000 7,000 F 252,000 20,500U 272,500 Snowboard 421,000 4.000 Model LXI F F 417,000 19.00 $1,434.000 $ 15.500 398,000 $ 1.418,500 Total 5 1,440,000 S 6,000 F Requirement 2. Based on the data presented what type of responsibility centre is this subunit? This subunit is al revenue centre Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding S16,000? Leave any unused cells blank.) Using the flexible budget variance as a guide the following items will be investigated The accountant for a subunit of Adventure Sports 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.) Requiremento 1. Complete the performance evaluation report for this subunit 2. 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 company inventory levels 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).) -X Performance report Flexible Budget Variance Flexible Budget Sales Volume Variance Static (Master) Budget Actual Adventure Sports-Subunit X Revenue by Product Downhil Model RI $ 330.000 $16.000 F $ 307 000 Flexible Budget Sales Volume Adventure Sports Subunit X Revenue by Product Downhil Flexible Budget Static (Master) Budget Actual Variance Variance Model RI S 330 000 $ 16,00D FS 307 000 158,000 $ 172,000 150.000 Downhil Model RII Cross Country Model EXI Cross-Country Model EXII 290,000 $2,000 U 292,000 310 000 252,000 244,000 19,500 U 263.500 Snowboard Model LXI 422,000 5.000 398,000 $ 1,452.000 S 1.128,500 Total Print Done Choose from any list or enter any number in the input fields and then click Check
