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te Presidio's cost data table. e Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data tab ■g the company sells each bike for $630. ce net operating income (loss) at each of the sales levels assuming a sales price of $630. te this question by entering your answers in the tabs below. 1 Required 2 Required 3 Presidio's cost data table. und your Cost per Unit answers to 2 decimal places. 730 Unite 750 Unite 4.360 Unito

te Presidio's cost data table. e Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data tab ■g the company sells each bike for $630. ce net operating income (loss) at each of the sales levels assuming a sales price of $630. te this question by entering your answers in the tabs below. 1 Required 2 Required 3 Presidio's cost data table. und your Cost per Unit answers to 2 decimal places. 730 Unite 750 Unite 4.360 Unito

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 $630. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. 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 750 Units 1,260 Units Total costs Variable costs $ 182,500 Fixed costs per year Total costs $ 182,500 $ 0 $ 0 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 558.00 $ 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 $630. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. 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 750 Units 1,260 Units Total costs Variable costs $ 182,500 Fixed costs per year Total costs $ 182,500 $ 0 $ 0 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 558.00 $ 0.00
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