For the year ending December 31,2022, Sheridan Company accumulates the following data for the Plastics...

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Accounting

For the year ending December 31,2022, Sheridan Company accumulates the following data for the Plastics Division, which it operates as an investment center: contribution margin -$625,770 budget, $633,512 actual; controllable fixed costs -$299,200 budget, $303,100 actual. Average operating assets for the year were $1,921,000.
Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31,2022.(Round ROI to 1 decimal place, e.g.1.5%.)
SHERIDAN COMPANY
Plastics Division
Responsibility Report
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