E11.30 (LO 3. 4) The sports equipment division of Brandon McCarthy Company is operated as a profit centre. Sales for the division were budgeted for 2022 at $900,000. The only variable costs budgeted for the division were cost of goods sold ($440,000) and selling and administrative costs ($60,000). Pised costs were budgeted at $100,000 for cost of goods sold, $90,000 for selling and administrative costs, and $70,000 for noncontrollable fixed costs. Actual results were as follows: Sales $870,000 Cost of goods sold Variable 405,000 Fixed 105,000 Selling and administrative costs Variable 62,000 Fixed 78,000 Noncontrollable fixed costs 80,000 Instructions a. Prepare a responsibility report for the sports equipment division for 2022. b. Assume the division is an investment centre, and a perage operating assets were $1 million. Calculate ROL