QUESTION 2 (40 points) Outdoor Inc recorded the following flex budget and actual results during November 2019: Actual Flex Budget Flex Budget Variance Percentage Variance $215,000 $ 90,000 $200,000 $ 95,000 $89,000 $81,000 SALES COGS Gross Profit Operating Expenses EBIT Earnings Before Interest and Taxes Interest Expense Income Tax Net Profit $3,850 $10,500 $3,450 $10,500 a) Fill in the missing amounts in the table (Gross Profit, EBIT and Net Profit) b) Calculate flex budget variance and percentage variance. Include 'favourable F' or 'unfavourable U' rating for each c) What type of responsibility centre is shown above, for Outdoor Inc? d) If management requires investigation of any variances greater than $8000 and exceeding 10%, which items will be investigated