The accountant for a subunit of Speed 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. Speed-Subunit X Actual Flexible Budget Revenue by Product Results Variance Downhill-RI $ 322,000 Flexible Budget Sales Volume Variance $ 21,000 F Static Budget $ 299,000 SpeedSubunit x Revenue by Product Downhill-RI Downhill-RII $ Actual Flexible Budget Results Variance $ 322,000 (a) 157,000 280,000 $ 1,000 U 257,000 (0 430,000 6,000 F $ 1,446,000 0 Cross-EXI Flexible Sales Volume Static Budget Variance Budget (b) $ 21,000 F $ 299,000 170,000 (d) 148,000 281,000 (e) 298,000 250,000 20,500 U 270,500 (9) (h) 406,000 0) (k) $ 1,421,500 Cross-EXII Snow-LXI Total apuuauuum Revenue by Product Actuar Results riexible budget Variance Downhill-RI $ 322,000 Downhill-RII Cross-EXI (a) (c) 1,000 U (0) 6,000 F (0) 157,000 280,000 $ 257,000 430,000 $ 1,446,000 Plexible Sales volume SIC Budget Variance Budget (b) $ 21,000 F $ 299,000 170,000 (d) 148,000 281.000 (e) 298,000 250,000 20,500 U 270,500 (9) (h) 406,000 0 (K) $ 1,421,500 Cross-EXII Snow-LXI Total 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 $13,000