Question 17 Forest Division operates as a profit centre. It reports the following actual results for the year: sales $1.025 million; variable costs $366,000; controllable fixed costs $205,000; and noncontrollable fixed costs $107,000. The annual budgeted amounts were: sales $1.144 million; variable costs $495,600; controllable fixed costs $205,000; and noncontrollable fixed costs $107,000. Prepare a responsibility report for Forest Division at December 31, 2020. FOREST DIVISION Responsibility Report For the Year Ended December 31, 2020 Difference Favourable Unfavourable Budget Actual Neither Favourable nor Unfavourable