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Title: Harry's Electronics manufactures electronic parts. Data for two of the company's customers is as ... Post by: pduvin on Nov 7, 2017 Harry's Electronics manufactures electronic parts. Data for two of the company's customers is as follows:
Customer 1 Customer 2 Revenues at list price $220,000 $220,000 Units sold 40,000 50,000 Unit list price $5.50 $4.40 Cost of goods per unit $2.90 $2.90 Sales discounts 20,000 30,000 Customer-specific costs Order-taking $1,800 $2,250 Product-handling $14,000 $17,500 Delivery $4,200 $5,250 Required: Prepare a comparative income statement in gross margin format with one column for each customer. Present customer-specific costs as period expenses. Title: Re: Harry's Electronics manufactures electronic parts. Data for two of the company's customers is ... Post by: Munihasen on Nov 7, 2017 Customer 1 Customer 2
Revenues at list price $220,000 $220,000 Discounts 20,000 30,000 Net revenues $200,000 $190,000 Cost of goods 116,000 145,000 Gross margin $84,000 $45,000 Customer-specific costs Order-taking $1,800 $2,250 Product-handling $14,000 $17,500 Delivery $4,200 $5,250 Customer-specific contribution $64,000 $20,000 |