1. Blue Spruce Company accumulates the following summary data for the year ending December 31, 2022, for its Water Division, which it operates as a profit center: sales$2,520,000 budget, $2,620,800 actual; variable costs$1,260,000 budget, $1,323,000 actual; and controllable fixed costs$378,000 budget, $384,300 actual. Prepare a responsibility report for the Water Division for the year ending December 31, 2022.

2. For the year ending December 31, 2022, Waterway Company accumulates the following data for the Plastics Division, which it operates as an investment center: contribution margin$792,700 budget, $799,328 actual; controllable fixed costs$301,700 budget, $304,400 actual. Average operating assets for the year were $1,964,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2022. (Round ROI to 1 decimal place, e.g. 1.5%.)