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lilas factory accumulates the following summary data for the year ending December 31, 2025, for its company, which it operates as a profit center: sales$2,000,000

lilas factory accumulates the following summary data for the year ending December 31, 2025, for its company, which it operates as a profit center: sales$2,000,000 budget, $2,080,000 actual; variable costs$1,000,000 budget, $1,050,000 actual; and controllable fixed costs$300,000 budget, $305,000 actual. Prepare a responsibility report for the company for the year ending December 31, 2025. Prepare a responsibility report for an investment center

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