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Not sure if the first chart is right or not, thanks! Presidio, Inc., produces one model of mountain bike. Partial information for the company follows:
Not sure if the first chart is right or not, thanks!
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 $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 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 720 Units 790 Units 1,564 Units Total costs Variable costs $ Fixed costs per year $ 180,000 $ 225,150 $ 405,150 $ 197,500 225,150 $ 225,150 422,650 $ 225, 150 Total costs $ Cost per unit Variable cost per unit $ 250.00 $ $ 250.00 250.00 285.00 Fixed cost per unit Total cost per unit $ 250.00 $ 535.00 $ 250.00 Required 1 Required 2 > 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 $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 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%.)) 720 Units 790 Units 1,564 Units Total Contribution Margin Contribution Margin Ratio % % % 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 $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 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.) 720 Units 790 Units 1,564 Units Net Operating IncomeStep by Step Solution
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