Question
Presidio, Incorporated, produces one model of mountain bike. Partial information for the company follows: Required: Complete Presidios cost data table. Calculate Presidios contribution margin ratio
Presidio, Incorporated, produces one model of mountain bike. Partial information for the company follows:
Required:
- Complete Presidios cost data table.
- 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.
- Calculate net operating income (loss) at each of the sales levels assuming a sales price of $650.
Complete this question by entering your answers in the tabs below.
- Required 1
- Required 2
- Required 3
Complete Presidios cost data table. Note: Round your Cost per Unit answers to 2 decimal places.
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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. Note: Round your Contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)
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Calculate net operating income (loss) at each of the sales levels assuming a sales price of $650. Note: Round your answers to the nearest whole dollar amount.
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