For the year ending December 31, 2022, Swifty Company accumulates the following data for the Plastics Division, which it operates as an investment center: contribution margin$ 780,760 budget, $ 788,774 actual; controllable fixed costs$ 297,400 budget, $ 303,400 actual. Average operating assets for the year were $ 2,014,000. 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%.)

SWIFTY 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 Return on InvestmentGross ProfitNet Income/(Loss)Controllable Fixed CostsVariable CostsNoncontrollable Fixed CostsContribution MarginControllable Margin		$ enter a dollar amount			$ enter a dollar amount			$ enter a dollar amount		select an option UnfavorableNeither Favorable nor UnfavorableFavorable
select a responsibility report item Return on InvestmentNoncontrollable Fixed CostsControllable Fixed CostsContribution MarginGross ProfitControllable MarginNet Income/(Loss)Variable Costs		enter a dollar amount			enter a dollar amount			enter a dollar amount		select an option UnfavorableNeither Favorable nor UnfavorableFavorable
select a closing responsibility report item Controllable MarginNet Income/(Loss)Controllable Fixed CostsNoncontrollable Fixed CostsGross ProfitContribution MarginReturn on InvestmentVariable Costs		$ enter a total amount for this report			$ enter a total amount for this report			$ enter a total amount for this report		select an option FavorableNeither Favorable nor UnfavorableUnfavorable
select a responsibility report item Return on InvestmentContribution MarginGross ProfitNoncontrollable Fixed CostsControllable MarginControllable Fixed CostsVariable CostsNet Income/(Loss)		enter percentages rounded to 1 decimal place	%		enter percentages rounded to 1 decimal place	%		enter percentages rounded to 1 decimal place	%	select an option UnfavorableFavorableNeither Favorable nor Unfavorable