Question
Financial data for Bingham Company for last year appear below: Bingham Company Year ended December 31, 2019 Customer:A011B123C234F325G020 Units sold:Cases2,0808,75060,80031,8003,900 ListedPrice:$14.40$14.40$14.40$14.40$14.40 Actual Price:$14.40$14.16$13.20$13.92$12.96 Cost:$11.00$11.00$11.00$11.00$11.00 Net:
Financial data for Bingham Company for last year appear below:
Bingham Company
Year ended December 31, 2019
Customer:A011B123C234F325G020
Units sold:Cases2,0808,75060,80031,8003,900
ListedPrice:$14.40$14.40$14.40$14.40$14.40
Actual Price:$14.40$14.16$13.20$13.92$12.96
Cost:$11.00$11.00$11.00$11.00$11.00
Net:
Totals
PurchaseOrders1525302530
Cost:
SiteVisits:23623
Cost:
Deliveries1030604020
Distance-KM's1443840
RushOrders02003
Communication:
Phone Calls in hours55151720
E-mails/Letters66556
ActivityCost per Driver Rate
OrderTaking$100per purchase order
Sitevisits$80 per customer
Deliveries$2 per KM
Producthandling$0.50 per case sold
RushOrders$500.00 Rush Order
Required:
- Compute the Sales and Profitability from each of Bingham's customers in the above category
- Identify the customers who represent current, or potential problems
- Make recommendations on how Bingham may proceed with Customers A011, B123, G020, assuming they are all relatively new customers
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