Sarasota Company accumulates the following summary data for the year ending December 31, 2022, for its Water Division, which it operates as a profit center: sales$2,160,000 budget, $2,246,400 actual; variable costs$1,080,000 budget, $1,134,000 actual; and controllable fixed costs$324,000 budget, $329,400 actual. Prepare a responsibility report for the Water Division for the year ending December 31, 2022.

SARASOTA COMPANY Water Division Responsibility Report choose the accounting period December 31, 2022For the Month Ended December 31, 2022For the Year Ended December 31, 2022
						Difference
		Budget		Actual		Favorable Unfavorable Neither Favorable nor Unfavorable
select an opening responsibility report item Controllable Fixed CostsNoncontrollable Fixed CostsSalesNet Income/(Loss)Contribution MarginVariable CostsGross ProfitControllable Margin		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount	select an option Neither Favorable nor UnfavorableUnfavorableFavorable
select a responsibility report item Noncontrollable Fixed CostsControllable Fixed CostsNet Income/(Loss)Variable CostsSalesControllable MarginContribution MarginGross Profit		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option FavorableNeither Favorable nor UnfavorableUnfavorable
select a summarizing line for the first part Gross ProfitVariable CostsControllable MarginSalesNet Income/(Loss)Noncontrollable Fixed CostsContribution MarginControllable Fixed Costs		enter a total amount for the first part		enter a total amount for the first part		enter a dollar amount	select an option Neither Favorable nor UnfavorableUnfavorableFavorable
select a responsibility report item Noncontrollable Fixed CostsNet Income/(Loss)Controllable Fixed CostsSalesGross ProfitControllable MarginVariable CostsContribution Margin		enter a dollar amount		enter a dollar amount		enter a dollar amount	Select an option UnfavorableFavorableNeither Favorable nor Unfavorable
select a closing responsibility report item SalesContribution MarginNet Income/(Loss)Controllable Fixed CostsNoncontrollable Fixed CostsVariable CostsControllable MarginGross Profit		$enter a total amount for this report		$enter a total amount for this report