Question
Disreard These Rows Presidio, Inc. produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidios cost data table. (Round
Disreard These Rows | | ||
Presidio, Inc. produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidios cost data table. (Round your Cost per Unit answers to 2 decimal places.)
Bikes Produced and Sold | 370 Units | 750 Units | 1896 Units |
Total Cost | |||
Variable Cost | $114,700 | $ | $ |
Fixed Cost Per Year | |||
Total Cost | $ | $ | $ |
Cost Per Unit | |||
Variable Cost | |||
Fixed Cost Per Year | |||
Total Cost Per Unit | $ | $549.00 | $ |
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 $610. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.))
370 Units | 750 Units | 1896 Units | |
Total Contribution Margin | |||
Contribution Margin Ratio | ____% | ____% | ____% |
3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $610. (Round your answers to the nearest whole dollar amount.)
370 Units | 750 Units | 1896 Units | |
Net Operating Income (Loss) |
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