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Required information [The following information applles to the questions displayed below.] Pepper's Automotive produces auto parts for various automotive retailers. Pepper's is evaluating the exhaust

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Required information [The following information applles 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 $1,150,000, variable costs are $370,000, and fixed costs are $465,000. Of the fixed costs, controllable fixed costs are $110,000 and noncontrollable fixed costs are $355,000. What are the controllable margin and total contribution by profit center (CPC), respectively? Controllable margin: $670,000; CPC: $425,000 Controllable margin: $780,000; CPC: $315,000 Controllable margin: $780,000; CPC: $110,000 Controliable margin: $670,000; CPC: $315,000

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