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Presidio, Inc. produces one model of mountain bike. Partial information for the company follows: Presidio, Inc. produces one model of mountain bike. Partial information for
Presidio, Inc. produces one model of mountain bike. Partial information for the company follows:
Presidio, Inc. produces one model of mountain bike. Partial information for the company follows Required 1. Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Bikes Produced and S old 450 Units 830 Units 1890 Units Total costs Variable costs $ 153,000 Fixed costs per year Total costs $153,000 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 0.00$ 0.00557.00 0.00 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 $610. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34% 450 Units 830 Units 1890 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.) 450 Units 830 Units 1890 Units Net Operating Income (Loss)Step by Step Solution
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