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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 $620. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620.

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

Bikes Produced and Sold 740 Units 890 Units 1,348 Units
Total costs
Variable costs $192,400 $231,400 $350,480
Fixed costs per year
Total costs $192,400 $231,400 $350,480
Cost per unit
Variable cost per unit $260.00 $260.00 $260.00
Fixed cost per unit 284.00
Total cost per unit $260.00 $544.00 $260.00

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 $620. (Round your Contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.))

740 Units 890 Units 1,348 Units
Total Contribution Margin
Contribution Margin Ratio % % %

Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. (Round your answers to the nearest whole dollar amount.)

740 Units 890 Units 1,348 Units
Net Operating Income

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