Question3: 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: Actual Racer-Subunit X Revenue by Product Flexible Budget Variance Results (a) 324,000 150,000 $ Flexible Budget (b) 157,000 288,000 Downhill-RI Downhill-RII Cross-EXI Cross-EXII (c) Sales Volume Variance $ 17,000 F (d) (e) 20,500 U (h) (k) Static Budget 299,000 142,000 305,000 265,500 398,000 1,409,500 1,000 U 287,000 $ 252,000 420,000 245,000 Snow-LXI 6,000 F (g) $ 1,433,000 $ Total 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