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Phelps Glass Incorporated has reported the following financial data: net revenues of $10.7 million, variable costs of $5.07 million, controllable fixed costs of $2.07 million,
Phelps Glass Incorporated has reported the following financial data: net revenues of $10.7 million, variable costs of $5.07 million, controllable fixed costs of $2.07 million, noncontrollable fixed costs of $1.07 million, and nontraceable costs of $570,000.
What are the controllable margin, CPC, and operating income, respectively?
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$5,070,000; $3,000,000; $570,000
$2,070,000; $1,640,000; $570,000
$3,560,000; $2,490,000; $1,920,000
$10,700,000; $2,070,000; $1,640,000
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