Question 3 of 10 -/15 View Policies Current Attempt in Progress Advent Manufacturing Company accumulates the following summary data for the year ending December 31, 2020, for its water division. The division operates as a profit centres sales --$2,063,500 budgeted, $2,267,400 actual: variable costs $1,015,100 budgeted, $1,041,400 actual; and controllable fixed costs-$296,400 budgeted, $304,700 actual. Prepare a responsibility report for the water division. ADVENT MANUFACTURING COMPANY Water Division Responsibility Report For the Year Ended December 31, 2020 Difference Favourable Unfavourable Neither Favourable nor Unfavourable Budget Actual $ $ Question 3 of 10 -/15 ADVENT MANUFACTURING COMPANY Water Division Responsibility Report For the Year Ended December 31, 2020 Difference Favourable Unfavourable Neither Favourable nor Unfavourable Budget Actual $ $ Variable Costs Sales Net Income/(Loss) Controllable Margin Gross Profit Fixed Costs Controllable Fixed Costs Contribution Margin $ $ e Textbook and Media