Brief Exercise 10-7 Torres Company accumulates the following summary data for the year ending December 31, 2017, for its Water Division, which it operates as a profit center: sales-$2,067,800 budget, $2,290,000 actul variable costs-$1,014,600 budget, S1,041,900 actual; and controllable fixed costs-$297,600 budget, S304,600 actual Prepare a responsibility report for the Water Division TORRES COMPANY Water Division Responsibility Report For the Year Ended December 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual