Please answer 1, 2, and 3

(Performance reports) Please complete the following performance evaluation reports. Identify what type of responsibility center this subunit is (a profit, cost, or revenue center) and answer the corresponding questions. --- See next page--- 1. This subunit is a center. HarrisSubunit X % Variance (F or U) Direct Materials Direct Labor Indirect Labor Utilities Depreciation Repairs and Maintenance Total Actual Results $ 28,000 13,000 26,400 12,300 25,000 4,600 $ 109,300 Flexible Flexible Budget Budget Variance (F or U) $ 25,900 | 13,800 23,100 11,300 25,000 5,600 $ 104.700 What item deserves investigations first? Please describe your reasons. center. 2. This subunit is a SpeedSubunit X Actual Revenue by Product Results Static Budget Flexible Budget Variance Flexible Budget Sales Volume Variance Downhill-RI $ 321,000 $ 295,000 Downhill-RII Cross-EXI Cross-EXII Snow-LXI Total 151,000 285,000 259,000 $ 312,000 $ 161,000 288,000 255,000 423,000 $1,439,000 145,000 303,000 271,500 404,000 $ 1.418.500 425,000 $ 1.441.000 Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $12,000? 3. This subunit is a center. 3. This subunit is a center. Flexible Flexible Budget % Variance Subunit X Actual Results Budget Variance (F or U) (F or U) Net Sales Revenue $ 476,000 $ 451,000 Variable Expenses 261,000 251,000 Contribution Margin 215,000 200,000 Traceable Fixed Expenses 40,000 26.000 Divisional Segment Margin $175,000 $ 174.000 Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $8,000 and exceeding 10% (both criteria must be met)