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Cheyenne Company accumulates the following summary data for the year ending December 31, 2017 for its Water Division, which it operates as a profit center:

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Cheyenne 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-$1,971.400 budget. $2,212,600 actual: variable costs-$1,000,400 budget, $1,058,300 actual, and controllable fixed costs-$300,600 budget. $302,300 actual. Prepare a responsibility report for the Water Division CHEYENNE COMPANY Water Division Responsibility Report Difference Favorable/Unfavorable Neither Favorable nor Unfavorable Budget Actual

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