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just need the contribution margin ratios please. Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's
just need the contribution margin ratios please.
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. Answer is complete but not entirely correct. 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%.)) 730 Units 1,334 Units $ 520,260 IS 284,700 Total Contribution Margin Contribution Margin Ratio 830 Units s 323,700 60.93 % % 60.93 % % 60.93 % Step by Step Solution
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