For the year ending December 31, 2020, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center contribution margin-$799,100 budget. $807,988 actual; controllable fixed costs-$300,100 budget $303,000 actual. Average operating assets for the year were $1.996,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2020. (Round ROI to 1 decimal place, eg. 1.5%) COBB COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2020 Budget Actual Contribution Margin $ 799 100 $ Controllable Fixed Costs 3001001 Controllable Margin $ 499000 Return on investment 25 25.3 For the year ending December 31, 2020, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center contribution margin-$799,100 budget, $807,988 actual: controllable fixed costs -$300,100 budget $303,000 actual. Average operating assets for the year were $1.996,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2020. (Round ROI to 1 decimal place, eg. 1.5%) COBB COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2020 Budget Actual Contribution Margin $ $ 799 100 $ $ Controllable Fixed Costs 300100 i Controllable Margin 499000 $ Return on Investment 25 i 96 25.3 i % e Textbook and Media