For the year ended December 31, 2022, Sanjay Company accumulated the following data for the plastics division, which it operates as an investment centre: contribution margin—$700,000 budgeted, $715,000 actual; controllable fixed costs—$300,000 budgeted, $309,000 actual. Average operating assets for the year were $2 million. Prepare a responsibility report for the plastics division, beginning with the contribution margin.