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For the year ending December 31, 2022, Bonita Company accumulates the following data for the Plastics Division, which it operates as an investment center:
For the year ending December 31, 2022, Bonita Company accumulates the following data for the Plastics Division, which it operates as an investment center: contribution margin-$759,500 budget, $768,900 actual; controllable fixed costs-$297,500 budget. $304,800 actual. Average operating assets for the year were $2,100,000. 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%) BONITA COMPANY Plastics Division Responsibility Report Budget Actual
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