Metroid Electric manufactures power distribution equipment for commercial customers, such as hospitals and manufacturers. Activity-based costing was used to determine customer profitability, Customer service activities were assigned to individual customers, using the following assumed customer service activities, activity base, and activity rate: Assume that the company had the following gross profit information for three representative customers: The administrative records indicated that the activity-base usage quantities for each customer were as follows: a. Prepare a customer profitablilty report dated for the year ended December 31,20v8, showing (1) the operating income after customer service activities, (2) the gross profit as a percent of sales, and (3) the operating income after customer service activities as a percent of sales. Prepare the report with a column for each customer. Round percentages to the nearest whole percent. b. Interpret the report in part (a). The gross profit as a percent of sales indicated that was the least arofitable, while was the most profitable. After deducting the activity costs assoclated with customer service activities, became the least profitable, while became nearly as profitable as Customer 2 . The reason is because. Apparently. ordered nonstandard products that required specialized bid requests. In addition, required more shipmen indicating smaller shipments to a customer's location, rather than a few large shigments