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 $2,040,300 budget, $2,285,400 actual; variable costs-$1,017,000 budget, $1,059,300 actual; and controllable fixed costs-$297,700 budget, $304,000 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