Question 1: Each of the following managers works for a national chain of hotels and has been given certain decision-making authority Classify each of the managers according to the type of responsibility center they manage. (1) a. Manager of the Central Reservation Office (2) b. Managers of various corporate-owned hotel locations (3) c. Manager of the H1 Corporate Division (4) d. Manager of the Housekeeping Department at one hotel (5) e Manager of the H2 Corporate Division (6) . Manager of the complimentary breakfast buffet at one hotel Question 2: One subunit of Freeway Sports Company had the following financial results last month: Flexible Budget Variance (F or U) % Variance (F or U) Subunit X Actual Results Flexible Budget Sales 474,000 $ 263,000 454,000 252,000 Variable Expenses Contribution Margin 211,000 202,000 28,000 Traceable Fixed Expenses 35,000 176,000 $ 174,000 Divisional Segment Margin Requirements 1. Complete the performance evaluation report for the subunit (round to two decimal places). 2. Based on the data presented and your knowledge of the company, 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 equal to or exceeding $6,000 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 volume? Explain. 6. Will management place equal weight on any variance which exceeds $6,000? Explain. 7. Which balanced Scorecard perspective is being addressed through this performance report? In your opinion, is this performance report a lead or lag indicator? Explain. 8. List one key performance indicator for the three other balanced Scorecard perspectives. Make sure to indicate which perspective is being addressed by the indicators you list