Customer Profitability Analysis Leahy, Inc.has 10 customers that account for all of its $1,472,000 of net income. Its activity-based costing system is able to assign all costs, except for $200,000 of general administrative costs, to key activities incurred in connection with serving its customers. A customer profitability analysis based on activity costing produced the following customer profits and losses:

Customer	#1	$ 350,000
	#2	262,000
	#3	(75,000)
	#4	240,000
	#5	50,000
	#6	375,000
	#7	(100,000)
	#8	325,000
	#9	225,000
	#10	(180,000)
Total		$ 1,472,000

Prepare a customer profitability profile like the one in Exhibit 18.3. The following link includes an Excel worksheet to create the profitability profile graph: profitability_profile_template.

Using the customer profitability analysis provided in the exercise to calculate the following profits. (i) Calculate the total profits from the 3 most profitable customers $Answer (ii) Calculate the total profits for the 4 most profitable customers $Answer $(iii) Calculate the total profits for the 6 most profitable customers $Answer (iv) Calculate the total profits for the 8 most profitable customers $Answer