Phil Jim Corporate Contribution Margin and Cost Accounting Assignment

Phil Jim Corporate Contribution Margin and Cost Accounting Assignment

PHIL JIM CORPORATE

revenues $100,000.00 $90,000.00

fixed costs $2,000.00 $4,000.00

variable overhead $45,000.00 $32,000.00

direct manufacturing $15,000.00 $12,000.00

direct labor $30,000.00 $28,000.00

using excel, calculate the contribution margin and each manager’s contribution to the company’s operating income. Based on the performance goals and the contribution to operating income, which manager should receive a bonus?