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e Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the co- the company sells each bike for $620. e net operating income (loss) at each of the sales levels assuming a sales price of $620. te this question by entering your answers in the tabs below. 1 Required 2 Required 3

e Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the co- the company sells each bike for $620. e net operating income (loss) at each of the sales levels assuming a sales price of $620. te this question by entering your answers in the tabs below. 1 Required 2 Required 3

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Presidio, Incorporated, produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's cost data table. 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 for $620. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete Presidio's cost data table. Note: Round your Cost per Unit answers to 2 decimal places. Bikes Produced and Sold 730 Units 890 Units 1,586 Units Total costs Variable costs $ 189,800 $ 231,400 $ 412,360 Fixed costs per year Total costs $ 189,800 $ 231,400 $ 412,360 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 531.00 $ 0.00
Transcribed Image Text:Presidio, Incorporated, produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's cost data table. 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 for $620. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete Presidio's cost data table. Note: Round your Cost per Unit answers to 2 decimal places. Bikes Produced and Sold 730 Units 890 Units 1,586 Units Total costs Variable costs $ 189,800 $ 231,400 $ 412,360 Fixed costs per year Total costs $ 189,800 $ 231,400 $ 412,360 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 531.00 $ 0.00
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