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The accountant for a subunit of Extreme Sports Company went on vacation before completing the subunit's monthly responsibility report. This is as far as she

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The accountant for a subunit of Extreme Sports Company went on vacation before completing the subunit's monthly responsibility report. This is as far as she got (Click the icon to view the responsibility report) Read the requirements Requirement 1. Complete the responsibility report for this subunit Extreme-Subunit X Actual Flexible Budget Flexible Sales Volume Static Revenue by Product Results Variance Budget Variance Budget Downhill RI $ 323,000 19.000 298,000 Downhill-RII 100.000 169,000 152 000 Cross-EXI 288,000 2000 U 290,000 305,000 Cross-EXII 256,000 250.000 19,500 269,500 430,000 Snow LXI 3.000 406 000 $ 1,457.000 $ 1.430,500 Total $ 5 Requirement 2. Based on the data presented what type of responsibility center is this subunit? ns should be investigated if part of management's decision criteria is to investigate all variances excee Cost center Investment center rance as a guide, the following items will be investigated: Profit center Revenue center Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $12,000? (Leave any unused cells blank.) Using the flexible budget variance as a guide, the following items will be investigated Using the sales volume variance as a guide the following items will be investigated i Data Table Extreme-Subunit X Flexible Revenue by Product Downhill-RI Sales Volume Variance $ 19,000 F $ Downhill-RII Actual Flexible Budget Results Variance 323,000 (a) 160,000 (c) 288,000 $ 2,000 U 256,000 (1) 430,000 3,000 F 1,457,000 0 Budget (b) 169,000 290,000 250,000 (9) 0 Cross-EXI Static Budget 298,000 152,000 305,000 269,500 406,000 1,430,500 (d) (e) 19,500 U Cross-EXII Snow-LXI (k) $ Total Print Done

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