P10.4 (LO3), AN Writing Lufeng Enterprises operates the Patio Furniture Division as a profit center Operating data for this division for the year ended December 31, 2020, are as shown below. Difference Budget from Budget Sales HK$2,500,000 HK$50,000 F Cost of goods sold Variable 1,300.000 41,000 F Controllable fixed 200,000 3,000 U Selling and administrative Variable 220,000 6,000 U Controllable fixed 50,000 2.000 U Non-controllable fixed costs 70,000 4,000 U In addition, Lufeng incurs HK$180,000 of indirect fixed costs that were budgeted at HK$175,000 Twenty percent (20%) of these costs are allocated to the Patio Furniture Division Instructions a. Prepare a responsibility report for the Patio Furniture Division for the year. b. Comment on the manager's performance in controlling revenues and costs. C. Identify any costs excluded from the responsibility report and explain why they were excluded