Exercise 18- 22 Phelps Glass Inc. has reported the following financial data:

net revenue of $10 million.

Variable cost of $5 million,

controllable fixed costs of $2 million,

non-controllable fixed costs $1 million

and untraceable costs of $500,000.

The accounting manager has supplied you with data and asked you to come up with the

controllable margin,

total contribution,

and CPC

and operating income.