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 $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Presidio, Inc., 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 $640.
3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.)
Bikes Produced and Sold
730 Units
790 Units
1,944 Units
Total costs
Variable costs
$
189,800
Fixed costs per year
Total costs
Cost per unit
Variable cost per unit
Fixed cost per unit
Total cost per unit
$
549.00
Required 1
Required 2
Required 3
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 $640. (Round your Contribution Margin Ratio percentage answers to 2 decimal
places (i.e. .1234 should be entered as 12.34%.))
730 Units
790 Units
1,944 Units
Total Contribution Margin
Contribution Margin Ratio
%
%
%
Required 1
Required 2
Required 3
Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. (Round your answers to the
nearest whole dollar amount.)
730 Units
790 Units
1,944 Units
Net Operating Income
Transcribed Image Text:Presidio, Inc., 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 $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Bikes Produced and Sold 730 Units 790 Units 1,944 Units Total costs Variable costs $ 189,800 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 549.00 Required 1 Required 2 Required 3 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 $640. (Round your Contribution Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 730 Units 790 Units 1,944 Units Total Contribution Margin Contribution Margin Ratio % % % Required 1 Required 2 Required 3 Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. (Round your answers to the nearest whole dollar amount.) 730 Units 790 Units 1,944 Units Net Operating Income
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