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: (Click the icon to view the responsibility report.) Read the requirements. Requirement 1. Complete the responsibility report for this subunit. Racer-Subunit X Actual Flexible Budget Flexible Sales Volume Static Revenue by Product Results Variance Budget Variance Budget Downhill-RI 322,000 $ 18,000 F $ 297,000 Downhill-RII 151,000 160,000 143,000 Cross-EXI 285,000 1,000 U 286,000 304,000 Cross-EXIl 251,000 242,000 20,500 U 262,500 Snow-LXI 423,000 1,000 403,000 Total $ 1,432,000 $ 1,409,500 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 $15,000? (Leave any unused cells blank.) Using the flexible budget variance as a guide, the following items will be investigated:The accountant for a subunit of Racer Sports Company went on vacation before completing the subunits monthly responsibility report. This is as far as she got: a (Click the icon to view the responsibility report) Read the @uirements. Requirement 2. Based on the data presented what type of responsibility center is this subunit? V Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $15,000? (Leave any unused cells blank.) Using the exible 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 X Racer-Subunit X Actual Flexible Budget Flexible Sales Volume Static Revenue by Product Results Variance Budget Variance Budget Downhill-RI $ 322,000 (a) (b) $ 18,000 F $ 297,000 Downhill-RII 151,000 (c) $ 160,000 (d) 143,000 Cross-EXI 285,000 $ 1,000 U 286,000 (e) 304,000 Cross-EXII 251,000 (f) 242,000 20,500 U 262,500 Snow-LXI 423,000 1,000 F (g) (h) 403,000 Total $ 1,432,000 (i) (j) ( K ) $ 1,409,500 Print Done