Question: The accountant for a subunit of Racer Sports Company went on vacation before completing the subunit's monthly responsibility report. This is as far as she got Sales Volume Variance $ 17,000 F $ Racer-Subunit X Revenue by Product Downhill-RI Downhill-RII Cross-EXI Cross-EXII Snow-LXI Actual Flexible Budget Results Variance 324,000 150,000 (c) 287,000 $ 1,000 U 252,000 420.000 6.000 F 1,433,000 (1) Flexible Budget (b) 157,000 288,000 245,000 $ Static Budget 299,000 142,000 305,000 265,500 398,000 1.409,500 20,500 U $ Total 0 ( R S Requirements 1. Complete the responsibility report for this subunit. 2. Based on the data presented, 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 exceeding $14,000