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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
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.) Data Table Read the requirements x Requirement 1. Complete the responsibility report for this subunit. Actual Flexible Budget Flexible Sales Volume Static ExtremeSubunit X Revenue by Product Extreme-Subunit X Revenue by Product Results Variance Budget Variance Downhill-RI $ 20,000 F Downhill-RII Downhill-RI Downhill-RII Budget $ 296,000 151,000 $ $ 320,000 159,000 170,000 Actual Flexible Budget Results Variance S 320,000 (a) 159,000 (C) 283,000 $ 3,000 U 253,000 (1) 430,000 3,000 F $ 1,445,000 0 Flexible Sales Volume Static Budget Variance Budget (b) $ 20,000 F $ 296,000 170,000 (d) 151,000 286,000 (e) 301,000 245,000 18,500 U 263,500 (9) (h) 410,000 0 (k) $ 1,421,500 Cross-EXI Cross-EXI 3,000 U 286,000 301,000 Cross-EXII Cross-EXII 283,000 253,000 430,000 245,000 18.500 U 263,500 Snow-LXI 3,000 F 410.000 Snow-LXI Total $ 1.445.000 $ 1,421,500 Total Print Done Requirement 2. Based on the data presented what type of responsibility center is this subunit? Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $11,000? (If an input field is not used, leave the input field(s) empty. Do not select a label.) 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
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