Jewel Beauty is a new company that manufactures custom jewelry. Jewel Beauty currently has six customers...

   

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Jewel Beauty is a new company that manufactures custom jewelry. Jewel Beauty 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: i (Click the icon to view the activities.) (Click the icon to view the customer data.) Read the requirements. Requirement 1. Calculate the customer-level operating income for each customer. (Complete all answer boxes. Enter a "0" for any zero balances. Use parentheses or a minus sign when entering operating losses.) Revenue Cost of product Gross profit Customer-level costs Customer orders Customer fittings Rush order costs Returns for repair Customer-level operating income (loss) $ 01 500 $ 300 02 5,300 $ 3,180 03 Customer 270 $ 162 04 2,900 $ 1.740 05 4,800 $ 2,880 06 800 480 Information about the six customers follows. Some customers purchased multiple items. The cost of the jewelry is 60% of the selling price. Customer number Sales revenue Cost of item(s) Hours spent on customer order Hours on fittings Number of rush orders Number of return visits $ 01 500 $ 300 $ 2 1 0 0 02 5,300 $ 3,180 $ 7 6 2 2 03 270 $ 162 $ 2 1 1 2 04 2,900 $ 1,740 $ 6 4 0 0 05 4,800 $ 2,880 $ 10 4 0 3 06 800 480 4 0 0 1 1. Calculate the customer-level operating income for each customer. Rank the customers in order of most to least profitable and prepare a analysis. customer-profitability 2. Are any customers unprofitable? What is causing this? What should Jewel Beauty do about these customers? Jewel Beauty is a new company that manufactures custom jewelry. Jewel Beauty 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: i (Click the icon to view the activities.) (Click the icon to view the customer data.) Read the requirements. Requirement 1. Calculate the customer-level operating income for each customer. (Complete all answer boxes. Enter a "0" for any zero balances. Use parentheses or a minus sign when entering operating losses.) Revenue Cost of product Gross profit Customer-level costs Customer orders Customer fittings Rush order costs Returns for repair Customer-level operating income (loss) $ 01 500 $ 300 02 5,300 $ 3,180 03 Customer 270 $ 162 04 2,900 $ 1.740 05 4,800 $ 2,880 06 800 480 Information about the six customers follows. Some customers purchased multiple items. The cost of the jewelry is 60% of the selling price. Customer number Sales revenue Cost of item(s) Hours spent on customer order Hours on fittings Number of rush orders Number of return visits $ 01 500 $ 300 $ 2 1 0 0 02 5,300 $ 3,180 $ 7 6 2 2 03 270 $ 162 $ 2 1 1 2 04 2,900 $ 1,740 $ 6 4 0 0 05 4,800 $ 2,880 $ 10 4 0 3 06 800 480 4 0 0 1 1. Calculate the customer-level operating income for each customer. Rank the customers in order of most to least profitable and prepare a analysis. customer-profitability 2. Are any customers unprofitable? What is causing this? What should Jewel Beauty do about these customers?

Answer rating: 100% (QA)

Revenue Less Cost of product Gross profit Customerlevel costs Customer orders Customer fittings Rush ... View the full answer