Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

51PM 2022- Check my work 1 Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 2-3- CERT Required: 1. Complete

51PM 2022- Check my work 1 Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 2-3- CERT Required: 1. Complete Presidio's cost data table. 4 points 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 $640. Shipped 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. Required 1 Required 2 Required 3 eBook Print References Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Bikes Produced and Sold 730 Units 850 Units 1,934 Units Total costs Variable costs $ 182.500 Fixed costs per year Total costs $ 182,500 $ 0 $ Cost per unit Variable cost per unit Foxed cost per unit Total cost per unit $ 0.00 $ 546.00 $ 0.00 Tode Regis 2023 Pro PAT Baired 2 Pro Submit 1 points Skipped eBook Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's cost data table. Check my work 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 $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. Complete this question by entering your answers in the tabs below. Print References Required 1 Require 2 uire 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 $640. (Round your Contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) Total Contribution Margin Contribution Margin Ratio 730 Units 850 Units 1,934 Units % % Chap 5-Homework-Required 1 CCheckout Chegg.com Question 1-Chap 5-Honework-Ragired Connect Saved Help Save & Exit Submit Check my work points Sopped eBook Print 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 $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Reared 3 Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. (Round your answers to the nearest whole dollar amount.) Net Operating Income 730 Units 850 Units 1,934 Units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance Construction 17 Corporate Ifrs Gaap Engineering Technologies No 10 501 11 000 Of 111 111 Laws

Authors: Tim Asikin, Steve Asikin

1st Edition

1078350590, 978-1078350594

More Books

Students also viewed these Accounting questions

Question

LO2 Identify components of workflow analysis.

Answered: 1 week ago