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

1.

Bikes Produced and Sold	730 Units	810 Units	1,070 Units
Total costs
Variable costs	$189,800
Fixed costs per year
Total costs	$189,800	$0	$0
Cost per unit
Variable cost per unit
Fixed cost per unit
Total cost per unit	$0.00	$557.00	$0.00

2.

	730 Units		810 Units		1,070 Units
Total Contribution Margin
Contribution Margin Ratio		%		%		%

3.

	730 Units	810 Units	1,070 Units
Net Operating Income