Question 2 of 2 0.12/1 II current Attemptin Progress Your answer is partially correct. Torres Company accumulates the following summary data for the year ending December 31, 2020, for its Water Division, which it operates as a profit center: sales-$1,970,100 budget, $2,288,100 actual; variable costs $1,013,600 budget, $1,040,200 actual and controllable fixed costs-$295,000 budget, $304,600 actual. Prepare a responsibility report for the Water Division for the year ending December 31, 2020. TORRES COMPANY Water Division Responsibility Report For the Year Ended December 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Actua Budget 1970100 2288100 $ 1040200 12