For the year ending December 31, 2022, Sheffield Company accumulates the following data for the Plastics Division, which it operates as an investment center: contribution margin$766,010 budget, $773,964 actual; controllable fixed costs$299,800 budget, $303,700 actual. Average operating assets for the year were $2,027,000. 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%.)

SHEFFIELD COMPANY Plastics Division Responsibility Report choose the accounting period For the Month Ended December 31, 2022For the Year Ended December 31, 2022December 31, 2022
								Difference
		Budget			Actual			Favorable Unfavorable Neither Favorable nor Unfavorable
select a responsibility report item Net Income/(Loss)Controllable Fixed CostsReturn on InvestmentControllable MarginGross ProfitContribution MarginVariable CostsNoncontrollable Fixed Costs		$enter a dollar amount			$enter a dollar amount			$enter the difference		select an option Neither Favorable nor UnfavorableUnfavorableFavorable
select a responsibility report item Variable CostsControllable MarginGross ProfitContribution MarginReturn on InvestmentNet Income/(Loss)Noncontrollable Fixed CostsControllable Fixed Costs		enter a dollar amount			enter a dollar amount			enter the difference		select an option FavorableUnfavorableNeither Favorable nor Unfavorable
select a closing responsibility report item Return on InvestmentGross ProfitControllable Fixed CostsNet Income/(Loss)Controllable MarginNoncontrollable Fixed CostsContribution MarginVariable Costs		$enter a total amount			$enter a total amount			$enter the difference		select an option UnfavorableFavorableNeither Favorable nor Unfavorable
select a responsibility report item Controllable MarginReturn on InvestmentControllable Fixed CostsNoncontrollable Fixed CostsNet Income/(Loss)Variable CostsContribution MarginGross Profit		enter percentages	%		enter percentages	%		enter the difference	%	select an option UnfavorableNeither Favorable nor UnfavorableFavorable