Presidio, Inc., produces one model of mountain bike, Partial information for the company follows: Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $620, 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required a Complete Presidio's cost data table. (Round your Cost per unit answers to 2 decimal places.) 730 Unit 850 Unit 1,756 Units 189,800 Bikes Produced and sold Total costs Variable costs Fixed costs per year Total costa Cont per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 189,800 $ 0$ 0 $ 0.00 $ 552.00 $ 0.00 Required 2 > Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $620, 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $620. (Round your contribution Margin Ratio percentage answers to 2 decima places (.e. 1234 should be entered as 12.34%.>> 730 Units 350 Units 1.756 Units Total Contribution Margin Contribution Margin Ratio % 5 Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $620 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. (Round your answers to the nearest whole dollar amount.) 730 Units 850 Units 1,756 Units Net Operating Income Required 2 Consider the following information for Presidio Inc.'s most recent year of operations. $ Number of units produced Number of units sold Sales price per unit Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per unit ($282,960 + 2,400 units) Total variable selling expenses ($14 per unit sold) Total fixed general and administrative expenses 2,400 1,500 630.00 65.00 95.00 45.00 117.90 21,000.00 74,000.00 Required: 2-a. Complete a full absorption costing income statement for Presidio. Assume there was no beginning inventory 2-b. Complete a variable costing income statement for Presidio. Assume there was no beginning inventory. 3. Compute the difference in profit between full absorption costing and variable costing. Complete this question by entering your answers in the tabs below. Reg 2A Req 2B Reg 3 Complete a full absorption costing income statement for Presidio. Assume there was no beginning inventory Presidio, Inc Full Absorption Income Statement Gross Margin Less: Non-Manufacturing Expenses Net Operating Income Reg 28 > expenses Required: 2-a. Complete a full absorption costing income statement for Presidio. Assume there was no beginning inventory 2-b. Complete a variable costing income statement for Presidio, Assume there was no beginning inventory. 3. Compute the difference in profit between full absorption costing and variable costing, Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Req3 Complete a variable costing income statement for Presidio. Assume there was no beginning inventory. Presidio, Inc. Variable Couting Income Statement Contribution Margin Less: Fixed Costs Net Operating Income
