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Ben Johnson is the manager of the Jewelry department of a large chain of department stores. The department store has succeoded on the basis of

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Ben Johnson is the manager of the Jewelry department of a large chain of department stores. The department store has succeoded on the basis of customer service and quality of merchandise. As a manager, Ben is comperisated with a salary of $370,000 and a bonus based on his unit's operating income. The bonus pool is 10% of company-wide operating income. When the unit's return on invested assets exceeds the rate of return of the whole company, the unit manager is included in the borus pool. which is divided evenly among the managers who qualify for the bonus. In the current period, 20 manegers qualified for the bonis. including Ben. Required: Based on the above information, what is the amount of total compensation for Ben? $370,000 $463,750 $461,000 $473,000

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