BE11.8 (LO 4) For the year ending December 31, 2020, Sanjay Company accumulates the following data for the plastics division, which it operates as an investment centre: contribution margin −$700,000 budgeted, $715,000 actual; controllable fixed costs$300,000 budgeted, $309,000 actual. Average operating assets for the year were $2 million. Prepare a responsibility report for the plastics division, beginning with the contribution margin. Prepare a responsibility report for investment centre.