Torres Company accumulates the following summary data for the year ending December 31, 2020, for its Water Division, which it operates as a profit center: sales- $1,924,900 budget, $2,263,100 actual; variable costs $1,018,100 budget, $1,059,600 actual; and controllable fixed costs-$298,800 budget, $302,600 actual. Prepare a responsibility report for the Water Division for the year ending December 31, 2020. TORRES COMPANY Water Division Responsibility Report For the Year Ended December 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual