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$780,680 budget, $791,668 actual; controllable fixed costs$301,400 budget, $304,400 actual. Average operating assets for the year were $1,997,000. 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 choose the accounting period December 31, 2022For the Year Ended December 31, 2022For the Month Ended December 31, 2022
								Difference
		Budget			Actual			Favorable Unfavorable Neither Favorable nor Unfavorable
select an opening responsibility report item Variable CostsControllable MarginNoncontrollable Fixed CostsNet Income/(Loss)Gross ProfitControllable Fixed CostsContribution MarginReturn on Investment		$enter a dollar amount			$enter a dollar amount			$enter a dollar amount		select an option Neither Favorable nor UnfavorableUnfavorableFavorable
select a responsibility report item Net Income/(Loss)Contribution MarginReturn on InvestmentControllable Fixed CostsControllable MarginGross ProfitVariable CostsNoncontrollable Fixed Costs		enter a dollar amount			enter a dollar amount			enter a dollar amount		select an option Neither Favorable nor UnfavorableFavorableUnfavorable
select a closing responsibility report item Controllable MarginNoncontrollable Fixed CostsGross ProfitControllable Fixed CostsVariable CostsReturn on InvestmentContribution MarginNet Income/(Loss)		$enter a total amount for this report			$enter a total amount for this report			$enter a total amount for this report		select an option Neither Favorable nor UnfavorableUnfavorableFavorable
select a responsibility report item Variable CostsContribution MarginReturn on InvestmentNoncontrollable Fixed CostsControllable MarginGross ProfitNet Income/(Loss)Controllable Fixed Costs		enter percentages rounded to 1 decimal place	%		enter percentages rounded to 1 decimal place	%		enter percentages rounded to 1 decimal place	%	select an option UnfavorableNeither Favorable nor UnfavorableFavorable