The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total $ 921,000 481,000 440.000 Dirt Bikes $ 265,000 116,000 149,000 Mountain Bikes $ 405,000 207,000 198,000 Racing Bikes $ 251,000 158,000 93,000 Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses Advertising, traceable Depreciation of special equipment Salaries of product-line managers Allocated common fixed expenses Total fixed expenses Net operating income (loss) 69,600 43,900 116,600 184,200 414,300 $ 25,700 8,400 21,000 40,900 53,000 123, 300 $ 25,700 40,700 7,400 39,000 81,000 168, 100 $ 29,900 20,500 15,500 36,700 50,200 122.900 $ (29,900) The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total $ 921,000 481,000 440.000 Dirt Bikes $ 265,000 116,000 149,000 Mountain Bikes $ 405,000 207,000 198,000 Racing Bikes $ 251,000 158,000 93,000 Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses Advertising, traceable Depreciation of special equipment Salaries of product-line managers Allocated common fixed expenses Total fixed expenses Net operating income (loss) 69,600 43,900 116,600 184,200 414,300 $ 25,700 8,400 21,000 40,900 53,000 123, 300 $ 25,700 40,700 7,400 39,000 81,000 168, 100 $ 29,900 20,500 15,500 36,700 50,200 122.900 $ (29,900)