The Real Estate Products Division of Ivanhoe Co. is operated as a profit center. Sales for the division were budgeted for 2022 at $1,297,000. The only variable costs budgeted for the division were cost of goods sold ($640,000) and selling and administrative ($95,000). Fixed costs were budgeted at $160,500 for cost of goods sold, $142,500 for selling and administrative costs, and $110,000 for noncontrollable fixed costs. Actual results for these items were as follows: Sales $1,219,720 Cost of goods sold Variable 567,500 Fixed 172,500 Selling and administrative Variable 112,000 Fixed 115,000 Noncontrollable fixed 120,000 Prepare a responsibility report for the Real Estate Products Division for 2022. (List variable costs before fixed costs.) IVANHOE CO. Real Estate Products Division Responsibility Report 2022 Budget Actual Difference Favorable (F) Unfavorable (U) Not Applicable (NA)