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?$2031600budget, $2266800actual; variable costs?$1013000budget, $1048800actual; and controllable fixed costs?$297200budget, $303500actual.

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Prepare a responsibility report for the Water Division. For the Year Ended December 31, 2017 Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable Sales $ $ $ Favorable Variable Costs Unfavorable Contribution Margin V Favorable Controllable Fixed Costs V Unfavorable Controllable Margin V $ $ $ Favorable