The accountant for a subunit of Extreme Sports Company went on vacation before completing the subunit's monthly performance report. This is as far as she got: 5 (Click the icon to view the performance report.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility centre is this subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $15,500? Interpret your results. (What could cause these variances? What impact might these variances have on company inventory levels and operations?) Performance report Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as a positive numbe Static Extreme SportsSubunit X Flexible Budget Flexible Sales Volume (Master) Revenue by Product Actual Variance Budget Variance Budget Downhill Model RI $ 328,000 $ 18,000 F $ 306,000 Downhill Model RII $ 154,000 $ 161,000 $ 145,000 Cross-Country Model EXI. 288,000 $ 3.000 U $ 291,000 $ 308,000 Cross-Country Model EXII $ 250,000 $ 245,000 $ 17,500 U $ 262,500 $ 428,000 $ 6,000 $ Snowboard Model LXI. 406,000 $ 1,448,000 $ 1,427,500 Total Flexible Volume (Master) Budget Variance Budget $ 18,000 F S 306,000 $ 161,000 145,000 Subunit X Revenue by Budget Product Actual Variance Downhill Madel.RL.....$ 328,000 Downhill Madel.RL..... 154,000 Cross-Country Model EXI 288,000 $3,000 U Cross-Country Model EXII 250,000 428,000 6,000 Snowboard Model LXI. $ 1,448,000 Total 291,000 308,000 245,000 17,500 U 262,500 406,000 $ 1,427,500 Requirement 2. Based on the data presented, what type of responsibility centre is this subunit? This subunit is an)