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—$2,095,600 budget, $2,206,400 actual; variable costs—$1,007,400 budget, $1,046,400 actual; and controllable fixed costs—$298,300 budget, $304,800 actual. Required:
Prepare a responsibility report for the Water Division for the year ending December 31, 2020.