Calculate customer profitability for funcorp, Accounting Basics

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Calculate customer profitability for funcorp

Problem

Calculate customer profitability for Funcorp using the net revenue approach (i.e., revenue minus discounts given). Prepare a customer profitability statement (refer to the end of podcast 1 for template). (Hint: Using this approach, a customer who contributes 30% of total net sales revenue received by the firm will be allocated 30% of SG&A expenses).

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Accounting Basics: Calculate customer profitability for funcorp

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