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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. 2. Calculate Presidios contribution
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 $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640.
Required 1 Required 2 Required 3 Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) 730 Units 870 Units 1,908 Units Bikes Produced and Sold Total costs Variable costs Fixed costs per year costs | $ $ 182.500 Total costs $ 182,500 $ 0 $ Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 540.00 $ 0.00 Required 1 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 $640. (Round your Contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 730 Units 870 Units 1,908 Units Total Contribution Margin Contribution Margin Ratio Required 1 Required 1 Required 2 Required 2 Required 3 Required Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. (Round your answers to the nearest whole dollar amount.) 730 Units 870 Units 1,908 Units Net Operating IncomeStep by Step Solution
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