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Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: Complete Presidio's cost data table Calculate Presidio's contribution margin ratio
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows:
Required:
- Complete Presidio's cost data table
- 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
- Calculate net operating income (loss) at each of the sales levels assuming a sales price of $650.
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