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 $17,000? Interpret your results. (What could cause these variances? What impact might these variances have on company inventory levels and operations?) - Performance report Adventure SportsSubunit X Revenue by Product Downhill Model RI... Downhill Model RII Cross-Country Model EXI.. Cross-Country Model EXII Snowboard Model LXI. Flexible Budget Actual Variance $ 320,000 151,000 286,000 $ 1,000 U 250,000 428,000 2,000 F $ 1,435,000 Sales Static Flexible Volume (Master) Budget Variance Budget $ 17,000 F S 294,000 $ 165,000 146,000 287,000 304,000 241,000 19,500 U 260,500 407,000 $ 1,411,500 Total Requirement 1. Complete the performance evaluation report for this subunit. (Enter the variances as a positive numbers. Label each varia Static Adventure SportsSubunit X Flexible Budget Flexible Sales Volume (Master) Revenue by Product Actual Variance Budget Variance Budget Downhill Model RI. $ 320,000 $ 17,000 F $ 294,000 Downhill Model RII $ 151,000 $ 165,000 $ 146,000 Cross-Country Model EXI... $ 286,000 $1,000 U $ 287,000 $ 304,000 Cross-Country Model EXII 250,000 $ 241,000 $ 19,500 U $ 260,500 $ Snowboard Model LXI.. 428,000 $ 2,000 $ F 407,000 Total $ 1,435,000 $ 1,411,500 CA Requirement 2. Based on the data presented, what type of responsibility centre is this subunit? This subunit is an) Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $17,000? Using the flexible budget variance as a guide, which of the following items will be investigated? (Select all that apply.) A. Cross-Country Model EXII B. Cross-Country Model EXI C. Snowboard Model LXI D. Downhill Model RI E. Downhill Model RII F. None of the items should be investigated. Using the sales volume variance as a guide, which of the following items will be investigated? (Select all that apply.) A. Cross-Country Model EXII B. Snowboard Model LXI Mc Downhill Model RII