PI1 548 (LO 4) Alosio Manefacturing Company manufactures a variety of tools and industrial equipment. The company operates three divisions. Each division is an investment centre. Operating date for the home division for the year ended December 31. 2020. and relevant budget data are as follows Actual Comparison with Budget Sales $1.400.000 $ 100.000 favourable Variable cost of goods sold 675.000 55.000 unfavourable Variable selling and administrative expenses 125.000 25.000 unfavourable Controllable fixed cost of goods sold 170.000 On target Controllable fixed selling and administrative expenses 80.000 On target Average operating assets for the year for the home division were $2 million, which was also the budgeted amount. Instructions a. Prepare a responsibility report (in thousands of dollars) for the home division. b. Evaluate the manager's performance. Which items will likely be investigated by top management? c. Calculate the ROI in 2020 for the home division, assuming the following independent changes to actual data: 1. The variable cost of goods sold decrease by 5. 2. The average operating assets decrease by 10%%. 3. Sales increase by $200.000, and this increase is expected to increase the contribution margin by $85,000