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 | 770 Units | 1924 Units |
Total Costs | |||
Variable costs | $106,600 | ||
Fixed costs | |||
Total Costs | |||
Cost per unit | |||
Variable cost per unit | |||
Fixed cost per unit | |||
Total Cost per unit | $532 |
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%.))
410 units | 770 Units | 1924 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.)
410 Units | 770 Units | 1924 Units | |
Net Operating Income (Loss) |
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