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For the year ending December 31, 2017, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center: contribution

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For the year ending December 31, 2017, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center: contribution margin-$612,950 budget, $622,669 actual; controllable fixed costs-$302,000 budget, $305,500 actual. Average operating assets for the year were $2,073,000 Prepare a responsibility report for the Plastics Division beginning with contribution margin. (Round ROI to 1 decimal place, e.g. 1.5.) MPANY Plastics Division Responsibillity Report For the Year Ended December 31, 2017 Difference Favorable U Neither Favorable nor Unfavorable Budget Actual S S % % Open Show Work Click if you would like to Show Work for this

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