Question
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
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 | 410 Units | 850 Units | 1766 Units |
Total Costs | |||
Variable Costs | $ 118900 | ||
Fixed Costs per year | |||
Total Costs | $118900 | $0 | $0 |
Cost per unit | |||
Variable Cost per unit | |||
Fixed costs per unit | |||
Total Costs per unit | $544.00 |
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 $640. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 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.)
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