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#13 Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidios cost data table. 2. Calculate Presidios
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Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidios cost data table. 2. Calculate Presidios 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 $650. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $650.
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Bikes Produced and Sold 740 Units 830 Units 1,760 Units Total costs Variable costs $ 192,400 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 547.00 Required 1 Required 2 > 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 $650. (Round your contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 740 Units 830 Units 1,760 Units Total Contribution Margin Contribution Margin Ratio % % % Required 1 Required 3 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate net operating income (loss) at each of the sales levels assuming a sales price of $650. (Round your answers to the nearest whole dollar amount.) 740 Units 830 Units 1,760 Units Net Operating Income Required 2 Required 3
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