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Circle Inc. has only two retail and two wholesale customers. Information relating in each customer for 2021 follows: a (Click the icon to View the
Circle Inc. has only two retail and two wholesale customers. Information relating in each customer for 2021 follows: a (Click the icon to View the data.) Requlred Calculate customer-level operating income. Begin by calculating each customer's gross margin. Then, calculate the operating income for each customer. (Use parentheses or a minus sign to enter a negative gross margin or a customer-level operating loss. Abbreviations used: cust = customer: oper. = operating.) Wholesale Retail West Raglan East Region Wholesaler Wholesaler Brown Inc. Steep Corp Gross margin Circle Inc. has only two retail and two wholesale customers. Information relating to each customer for 2021 follows: a (Click the icon to View the data.) Required Calculate customer-level operating incom Begin by calculating each customer's gm loss. Abbreviations used: cust = custome Data table Wholesale Customers Retail Customers West Region East Region Wholesaler Wholesaler Brown Inc. Steep Corp Revenues at list prices Discounts from list prices Cost of goods sold Delivery costs Order processing costs Cost of sales vislt 775,000 $ 1,280,000 $ 330,000 $ 330,000 52,200 78,900 20,800 6,120 530,000 1,010,000 307,000 160,000 28,500 23,490 16,560 14,250 12,650 16,950 9,420 7,290 12,700 10,230 9,260 8,130 Gross margin 5 margin or a customer-level operating
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