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PA5-4 Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin Ratio, Calculating Profit [LO 5-1,...

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PA5-4 Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin Ratio, Calculating Profit [LO 5-1, 5-5] Presidio, Inc. produces one model of mountain bike. Partial information for the company follows Required 1. Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Bikes Produced and Sold 390 Units 870 Units 1682 Units Total costs Variable costs $117,000$ 261,000S 504,600 Fixed costs per year $222,720 Total costs S 483,720 S 504,600 Cost per unit $300.00$300.o 300.00 Variable cost per unit Fixed cost per unit 256.00 Total cost per unit $300.00 S 556.00 S 300.00 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 $650. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 390 Units 870 Units 1682 Units Total Contribution Margin Contribution Margin Ratio

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