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The following table gives sales, product cost, and cost-to-serve data for a company that makes three product lines: A, B, and C. The company has
The following table gives sales, product cost, and cost-to-serve data for a company that makes three product lines: A, B, and C. The company has two customer types. E: (Click the icon to view the sales and product cost information.) The cost to serve all customers is $12,915 and is allocated to customer types based on the number of manager visits to customer locations for pre- and post-sales support. Read the requirements. Requirement 1. Complete the following table to determine the gross profit margin percentage of sales for each product. (Round the percentages to the nearest tenth percent, X.X%.) Product A Product B Product C Total Sales Cost of sales Gross profit margin Gross profit margin % of sales Product A Product B Sales $ 4,500 3,900 Product C $ 31,500 16.000 Cost of sales $ 5,600 4,400 Customer Type 2 $ 3,700 4,200 $ Customer Type 1 800 1,400 14,500 Product A Sales Product B Sales Product C Sales Manager Visits Total 4,500 5,600 31,500 17,000 12 21
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