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Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidios cost data table. (Already correct, just need

Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidios cost data table. (Already correct, just need help with 2 and 3) 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 $650. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $650.

Complete Presidios cost data table. (Round your Cost per Unit answers to 2 decimal places.)

Bikes Produced and Sold 730 Units 770 Units 1,990 Units
Total costs
Variable costs $182,500 $192,500 $497,500
Fixed costs per year $224,840 $224,840 $224,840
Total costs $407,340 $417,340 $722,340
Cost per unit
Variable cost per unit $250.00 $250.00 $250.00
Fixed cost per unit 308.00 292.00 112.98
Total cost per unit $558.00 $542.00 $362.98

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 $650. (Round your Contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.))

730 Units 770 Units 1,990 Units
Total Contribution Margin
Contribution Margin Ratio % % %

Calculate net operating income (loss) at each of the sales levels assuming a sales price of $650. (Round your answers to the nearest whole dollar amount.)

730 Units 770 Units 1,990 Units
Net Operating Income

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