Forest Division operates as a profit centre. It reports the following actual results for the year: sales $1.005 million; variable costs $349,000; controllable fixed costs $217,000; and noncontrollable fixed costs $100,000. The annual budgeted amounts were: sales $1.113 million; variable costs $468,800; controllable fixed costs $217,000; and noncontrollable fixed costs $100,000. Prepar a responsibility report for Forest Division at December 31, 2020.

\fFOREST DIVISION Responsibility Report For the Year Ended December 31, 2020 Difference Favourable Unfavourable Budget Actual Neither Favourable nor Unfavourable $ V $ $ v