Answer Happy

Ben Johnson is the manager of the jewelry department of a large chain of department stores. The department store has succeeded or the basis of customer service and quality of merchandise. As a manager, Ben is compensated with a salary of $220,000 and a bonus based on his unit's operating income. The bonus pool is 10% of company-wide operating income. When the unit's return on invested assets exceeds the rate of return of the whole company, the unit manager is included in the bonus pool, which is divided evenly among the managers who qualify for the bonus. In the current period. 25 managers qualified for the bonus, including Ben Jewelry Department Whole Company Stock price $.42 Operating income $ 1,918,888 $ 16,700,000 Assets invested $ 22,700, eee $ 287,700, 800 Customer service 5 6 Quality of service 5 Total revenue $ 3,52e.ee $ 123,800, Bee 9 Required: Based on the above information, what is the amount of total compensation for Ben? $220.000 $289.550 O $286.800 $298.800