please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Smith Company sells its products at $860 per unit, net 30. The firm's gross margin ratio is 40 percent. The firm has estimated the following operatingcosts:ActivitySales callsOrder processingDeliveriesSales returns$ 580 per visit$ 190 per orderCost Driver and Rate$85 per order + $0.50 per mile$ 100 per return and $3 restocking per unit returnedSmith Company has gathered the following data pertaining to activities it performed for two of its customers:Number of orders.Number of parts per order.Sales returns:XBT28680Number of returnsNumber of units returned (per return)Number of sales calls15Miles per delivery10Shipping termsFOB, FactoryWhat is Smith's total customer unit-level cost applicable to XBT as a customer?476NINTO22,18010501120FOB, Destination

Unit - level stock application means calculating restocking sales return.

Smith Company sells its products at $860 per unit, net 30. The firm's gross margin ratio is 40 percent. The firm has estimated the following operating costs: Activity Sales calls Order processing Deliveries Sales returns Cost Driver and Rate $ 580 per visit $ 190 per order $ 85 per order + $0.50 per mile $ 100 per return and $3 restocking per unit returned Smith Company has gathered the following data pertaining to activities it performed for two of its customers: Number of orders Number of parts per order Sales returns: XBT 28 680 Number of returns Number of units returned (per return) 76 Number of sales calls 15 Miles per delivery 10 Shipping terms FOB, Factory What is Smith's total customer unit-level cost applicable to XBT as a customer? 4 NINTO 2 2,180 10 50 11 20 FOB, Destination.

Smith Company sells its products at $860 per unit, net 30. The firm's gross margin ratio is 40 percent. The firm has estimated the following operating costs: Activity Sales calls Order processing Deliveries Sales returns Cost Driver and Rate $ 580 per visit $ 190 per order $ 85 per order + $0.50 per mile $ 100 per return and $3 restocking per unit returned Smith Company has gathered the following data pertaining to activities it performed for two of its customers: Number of orders Number of parts per order Sales returns: XBT 28 680 Number of returns Number of units returned (per return) 76 Number of sales calls 15 Miles per delivery 10 Shipping terms FOB, Factory What is Smith's total customer unit-level cost applicable to XBT as a customer? 4 NINTO 2 2,180 10 50 11 20 FOB, Destination.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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