Torres Company accumulates the following summary data for the year ending December 31, 2017, for its Water Division, which it operates as a profit center: sales-$1,982,100 budget, $2,291,800 actual; variable costs- $1,012,300 budget, $1,054,200 actual; and fixed costs-$299,800 budget, $302,400 actual. Prepare a responsibility report for the Water Division. TORRES COMPANY Water Division Responsibility Report For the Year Ended December 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual