Forest Division operates as a profit centre. It reports the following actual results for the year: sales $1.015 million; variable costs $367,000; controllable fixed costs $196,000; and noncontrollable fixed costs $107,000. The annual budgeted amounts were: sales $1.116 million; variable costs $478,700; controllable fixed costs $196,000; and noncontrollable fixed costs $107,000. Prepare a responsibility report for Forest Division at December 31, 2020.

FOREST DIVISION Responsibility Report For the Year Ended December 31, 2020
		Budget		Actual		Difference Favourable Unfavourable Neither Favourable nor Unfavourable
Controllable MarginControllable Fixed CostsSalesContribution MarginNon-Controllable Fixed CostsVariable Costs		$		$		$		FavourableNeither Favourable nor UnfavourableUnfavourable
Controllable MarginVariable CostsControllable Fixed CostsContribution MarginNon-Controllable Fixed CostsSales								Neither Favourable nor UnfavourableUnfavourableFavourable
Contribution MarginSalesNon-Controllable Fixed CostsVariable CostsControllable MarginControllable Fixed Costs								UnfavourableNeither Favourable nor UnfavourableFavourable
SalesContribution MarginVariable CostsControllable MarginNon-Controllable Fixed CostsControllable Fixed Costs								Neither Favourable nor UnfavourableFavourableUnfavourable
Controllable MarginNon-Controllable Fixed CostsContribution MarginVariable CostsControllable Fixed CostsSales		$		$		$		UnfavourableNeither Favourable nor UnfavourableFavourable

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