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Complete this question by entering your answers in the tabs below. Compare the profitability of these two customers. (Loss amounts should be indicated by a

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Complete this question by entering your answers in the tabs below. Compare the profitability of these two customers. (Loss amounts should be indicated by a minus sign. Round operating margin (loss) to 2 decimal places (i.e. 2134 should be entered as 21.34% ).) Exercise 5-35 Customer Profitability Analysis [LO 5-6] Colleen Company has gathered the following data pertaining to activities it performed for two of its major customers. Colleen sells its products at $220 per unit. The firm's gross margin ratio is 20%. Both Jerry and Kate pay their accounts promptly and no accounts receivable is over 30 days. After using business analytics software to carefully analyze the operating data for the past 30 months, the firm has determined the following activity costs: Required: 1. Using customers as the cost objects, classify the activity costs into cost categories (unit-level, batch level, etc) and compute the total cost for Colleen Company to service Jerry. Inc. and Kate Co. 2 Compare the profitability of these two customers. Complete this question by entering your answers in the tabs below

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