Question
Required: 1. Complete Presidios cost data table. (Round your Cost per Unit answers to 2 decimal places.) 2. Calculate Presidios contribution margin ratio and its
Required: 1. Complete Presidios cost data table. (Round your Cost per Unit answers to 2 decimal places.) 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. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 3. 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.)
Required 1. Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Bikes and 470 Units Units 1642 Units Total costs Variable costs $ 150,400 Fixed costs per year Total costs 5 150 400 Cosl per unit Variable cost per unt Fixed cost per unit Total cost per unit 0.00 54300 0.00 2. 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 tor 5620 (Round your Margin Ratio percentage answers to 2 decimal places 12.34%.)) 470 Units 750 Units 1642 Units Tolal Contribution Margin Contribution Margin Ratio 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of 3620. (Round your answers to the nearest whole dollar amount.) 470 Units 750 Units1 1642 Units Net Operating Income (Loss)Step by Step Solution
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