Question 13 Torres Company accumulates the following summary data for the year ending December 31, 2017, for its Water Division, which it operates as a profit center: sales$1,982,100 budget, $2,291,800 actual; variable costs$1,012,300 budget, $1,054,200 actual; and controllable fixed costs$299,800 budget, $302,400 actual. Prepare a responsibility report for the Water Division. TORRES COMPANY Water Division Responsibility Report For the Year Ended December 31, 2017 Difference Budget Actual Favorable Unfavorable Neither Favorable nor Unfavorable $ $ $ $ $ $