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fill in the blanks Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales
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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. 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 910 Units 1,166 Units Total costs Variable costs $ 185,000 Fixed costs per year 0 $ 0 $ Total costs 185,000 $ Cost per unit Variable cost per unit Fixed cost per unit $ Total cost per unit 551.00 $ 0.00 $ 0.00 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. 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 $640. (Round your contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 740 Units 910 Units 1,166 Units Total Contribution Margin Contribution Margin Ratio % % 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 $640. (Round your answers to the nearest whole dollar amount.) 740 Units 910 Units 1,166 Units Net Operating IncomeStep by Step Solution
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