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Jewel Joy is a new company that manufactures custom jewelry. Jewel Joy currently has six customers referenced by customer number: 01, 02, 03, 04, 05,
Jewel Joy is a new company that manufactures custom jewelry. Jewel Joy currently has six customers referenced by customer number: 01, 02, 03, 04, 05, and 06. Besides the costs of making the jewelry, the company has the following activities: (Click the icon to view the activities.) (Click the icon to view the customer data.) Read the requirements. operating losses.) Customer 01 02 03 04 05 06 Revenue 850 $ 4,200 $ 290 $ 2,900 $ 4,700 $ 680 595 2,940 203 2,030 Cost of product 3,290 476 Gross profit 255 1,260 87 870 1,410 204 Customer-level costs Customer orders 220 132 44 220 1,056 220 Customer fittings 30 180 0 120 0 60 Rush order costs 0 0 120 120 120 0 70 70 70 105 35 Returns for repair $ 5 $ 878 $ (147) $ 340 $ 129 $ (111) Customer-level operating income (loss) Rank the customers in order of most to least profitable and prepare a customer-profitability analysis in terms of operating income. (Use parentheses or a minus sign when entering negative numbers and losses. Enter percents rounded to two decimal places, X.XX%) Cumulative Customer- Customer-Level Cumulative Level Oper. Income as a Customer Customer-level Customer Oper. Income - Customer-Level % of Total Customer- Number Oper. Income Revenue Revenue Oper. Income Level Oper. Income % % % % % % % % % % % 1,094 100 % Choose from any liat or enter any number in the innut fields and then click Check Answer Information about the six customers follows. Some customers purchased multiple items. The cost of the jewelry is 70% of the selling price. Customer number 01 02 03 04 05 06 Sales revenue $ 850 $ 4,200 $ 290 $ 2,900 $ 4,700 $ 680 Cost of item(s) $ 595 $ 2,940 $ 203 $ 2,030 $ 3,290 $ 476 Hours spent on customer order 5 3 1 5 24 5 Hours on fittings 1 6 0 4 0 2 Number of rush orders O o 1 1 1 0 Number of return visits o 2 2 2 3 1
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