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Home Q & A Board Other Fields Homework Help Business Accounting
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blakenordgaard blakenordgaard
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7 months ago
Assume you are a sales manager responsible for analyzing the profitability of the customers in your territory. You have gathered the following information on one of your customers:

Sales​$400,000
Cost of goods sold​320,000
Selling costs:​​
  In-person sales calls50 @ $100 each5,000
  Phone orders500 @$20 each10,000
  Shipping12,000 @ $2 each24,000
  Express shipping100 @ $50 each5,000
Administrative costs:​​
  Office suppliesAmount allocated to customer500
  Office salariesAmount allocated to customer600
Required:

a.Calculate the customer net profit.
b.Calculate the customer profit margin.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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careytrancareytran
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7 months ago
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More solutions for this book are available here
a.$400,000  ̶  $320,000 - $5,000 - $10,000 - $24,000 - $5,000 = $36,000
b.$36,000 ÷ $400,000 = 9%
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blakenordgaard Author
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7 months ago
Thank you, thank you, thank you!
Butwhy
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Yesterday
Helped a lot
dianeflunder
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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