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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
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 $620. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. 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 730 Units 870 Units 1,474 Units Total costs Variable costs $ $ Fixed costs per year $ 182,500 246,210 428,710 $ 217,500 246,210 463,710 $ 368,500 $ 246,210 $ 614,710 Total costs $ $ Cost per unit Variable cost per unit $ 250.00 250.00 $ 250.00 Fixed cost per unit 283.00 Total cost per unit $ 250.00 $ 533.00 $ 250.00 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 $620. (Round your Contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 730 Units 870 Units 1,474 Units Total Contribution Margin $ 270,100 $ 321,900 $ 545,380 Contribution Margin Ratio 59.67 X % % % Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. (Round your answers to the nearest whole dollar amount.) 730 Units 870 Units 1,474 Units Net Operating Income
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