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Phelps Glass Inc. has reported the following financial data: net revenues of $10.6 million, variable costs of $5.06 million, controllable fixed costs of $2.06 million,
Phelps Glass Inc. has reported the following financial data: net revenues of $10.6 million, variable costs of $5.06 million, controllable fixed costs of $2.06 million, noncontrollable fixed costs of $1.06 million, and untraceable costs of $560,000. The accounting manager has supplied you with these data and asked you to come up with the total contribution, controllable margin, CPC, and operating income. (Enter your answer in dollars not in millions.)
total contribution | |
controllable margin | |
CPC | |
Operating income | |
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