Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

how do i calculate operating income e customers. Information relating to each customer for 2021 follows: | Cost of goods sold Customer-level operating costs: gin.

image text in transcribedimage text in transcribedimage text in transcribedhow do i calculate operating income

e customers. Information relating to each customer for 2021 follows: | Cost of goods sold Customer-level operating costs: gin. Then, calculate the operating income for each customer. (Use parentheses or a minus sign to enter Delivery Order processing Wholesale Retail West Region East Region Price discounts Wholesaler Wholesaler Stock Inc. Darby Corp 310,000 $ Revenues at actual prices 1,250,000 $ 310,000 $ 785,000 $ 52,500 78,900 20,700 6,140 Revenues at list price 1,171,100 289,300 732,500 590,000 303,860 170,000 Sales visits 1,050,000 306,000 142,500 121,100 (16,700) 133,860 Total cust-level oper. costs 7 Customer-level operating income (loss) Bolger Inc. has only two retail and two wholesale customers. Information relating to each customer for 2021 follows: (Click the icon to view the data.) Required 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 Region East Region Wholesaler Wholesaler Stock Inc. Revenues at list price $ 785,000 $ 1,250,000 $ 310,000 $ Darby Corp 310,000 6,140 Price discounts 52,500 78,900 20,700 Revenues at actual prices 732,500 1,171,100 303,860 289,300 306,000 Cost of goods sold 590,000 1,050,000 170,000 Gross margin 142,500 121,100 (16,700) 133,860 Customer-level operating income (loss) Bolger Inc. has only two retail and two wholesale customers. Information relating to each customer for 2021 follows: (Click the icon to view the data.) Required Calculate customer-level operating income IT Data table Begin by calculating each customer's gros loss. Abbreviations used: cust = customer; margin or a customer-level operating Wholesale Customers Retail Customers West Region East Region Wholesaler Wholesaler Stock Inc. Darby Corp $ 785,000 $ 1,250,000 $ 310,000 $ 310,000 52,500 78,900 20,700 6,140 Revenues at list price Price discounts 590,000 306,000 170,000 Revenues at actual prices Revenues at list prices Discounts from list prices Cost of goods sold Delivery costs Order processing costs Cost of sales visit 1,050,000 23,470 28,900 16,510 14,250 Cost of goods sold 12,670 16,860 9,440 7,280 Gross margin 12,100 10,260 9,310 8,190 Print Done Customer-level operating income (loss)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISE Business Accounting

Authors: Frank Wood, Alan Sangster

8th Edition

0273638408, 9780273638407

More Books

Students also viewed these Accounting questions

Question

List six habits that can help you become a more positive thinker.

Answered: 1 week ago

Question

Explain why employees join unions.

Answered: 1 week ago

Question

Discuss breakdowns in the negotiations process.

Answered: 1 week ago