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: EEB (Click the icon to view the responsibility report.) Read the requirements Requirement 1. Complete the responsibility report for this subunit. Speed-Subunit X Revenue by Product Downhill-RI Downhill-RIl Cross-EXI Actual Flexible Budget Flexible Sales Volume Static Results Variance Budget Variance Budget $ 321,000 151,000 285,000 259,000 425,000 1,441,000 $17,000 F 295,000 145,000 303,000 271,500 404,000 $ 1,418,500 161,000 288,000 255,000 3,000 U Cross-EXI 16,500 U 2,000 Total 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 $10,000? (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: Data Table Static Speed-Subunit X Revenue by Product Downhill-RI Downhill-RII Cross-EXI Cross-EXI Snow-LXI Total Actual Flexible Budget Flexible Sales Volume Results Variance Budget Variance Budget $ 321,000 151,000 (b) $17,000 F S 295,000 145,000 303,000 271,500 404,000 $ 1,418,500 $161,000 288,000 255,000 285,000$ 3,000 U 259,000 425,000 $1,441,000 16,500 U 2,000 F