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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 indicate assuming the company sells each bike for $630. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. Complete this question by entering your answers in the tabs below. 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 720 Units 870 Units 1,146 Units Total costs Variable costs $ 187,200 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 548.00 Required 2 > 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 $630. (Round your contribution Margin Ratio percentage answers to 2 decin places (I.e. 1234 should be entered as 12.34%.)) 720 Units 870 Units 1,146 Units Total Contribution Margin Contribution Margin Ratio % % % Required 1 Required 2 Required 3 Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. (Round your answers to the nearest whole dollar amount.) 720 Units 870 Units 1,146 Units Net Operating Income Reg 2A Reg 2 Reg 3 Complete a variable costing income statement for Presidio. Assume there was Presidio, Inc. Variable Costing Income Statement Contribution Margin Less: Fixed Costs Net Operating Income
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