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For the year ending December 31, 2022, Blossom 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, 2022, Blossom Company accumulates the following data for the Plastics Division which it operates as an investment center: contribution margin-$652,320 budget, $660,967 actual controllable fixed costs- $301,500 budget, $304,300 actual. Average operating assets for the year were $1,949,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2022 (Round ROI to 1 decimal place, e.g. 1.5%) BLOSSOM COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2022 Budget Actual $ BLOSSOM COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2022 Budget Actual $ Net Income/(Loss) Return on Investment Contribution Margin Controllable Fixed Costs Gross Profit Fixed Costs Controllable Margin Variable Costs $ 96 BLOSSOM COMPANY Plastics Division Responsibility Report For the Year Ended December 31, 2022 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Iget Actual $ $ $ 80 96 Favorable Unfavorable Neither Favorable nor Unfavorable

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