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For the year ending December 31, 2020, Cobb Company accumulates the following data for the Plastics...

For the year ending December 31, 2020, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center: contribution margin—$668,200 budget, $677,010 actual; controllable fixed costs—$298,300 budget, $303,000 actual. Average operating assets for the year were $2,055,000.

Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2020. (Round ROI to 1 decimal place, e.g. 1.5%.)

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