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Required information [The following information applies to the questions displayed below.] Pepper's Automotive produces auto parts for various automotive retailers. Pepper's is evaluating the exhaust
Required information [The following information applies to the questions displayed below.] Pepper's Automotive produces auto parts for various automotive retailers. Pepper's is evaluating the exhaust system division of the company and has come up with the following data for the year: net revenues are $1,330,000, variable costs are $454,000, and fixed costs are $543,000. Of the fixed costs, controllable fixed costs are $122,000 and noncontrollable fixed costs are $421,000. What are the controllable margin and total contribution by profit center (CPC), respectively? Controllable margin: $754,000; CPC: $455,000 Controllable margin: $876,000; CPC: $333,000 Controllable margin: $876,000; CPC: $122,000 Controllable margin: $754,000; CPC: $333,000
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