Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required:...
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Accounting
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required:1. Complete Presidios cost data table.
Complete Presidios cost data table. (Round your Cost per Unit answers to 2 decimal places.)
Bikes Produced and Sold
730 Units
790 Units
1,820 Units
Total costs
Variable costs
$189,800
$226,200
Fixed costs per year
Total costs
$189,800
$226,200
$0
Cost per unit
Variable cost per unit
Fixed cost per unit
Total cost per unit
$0.00
$539.00
$0.00
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.
730 Units
790 Units
1,820 Units
Total Contribution Margin
Contribution Margin Ratio
%
%
%
3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640.
730 Units
790 Units
1,820 Units
Net Operating Income
Answer & Explanation
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