Sunland Manufacturing Company accumulates the following summary data for the year ending December 31,2022 , for its water division. The division operates as a profit centre: sales $1,980,000 budgeted, $2,291,800 actual; variable costs$1,010,000 budgeted, $1,054,200 actual; and controllable fixed costs $299,800 budgeted, $302,400 actual. Prepare a responsibility report for the water division. SUNLAND MANUFACTURING COMPANY Water Division Responsibility Report Difference Favourable Unfavourable Neither Favoural $ $ $ Sales Net Income/(Loss) Controllable Fixed Costs Controllable Margin Variable Costs Fixed Costs Contribution Margin Gross Profit