Presidio, Inc. produces one model of mountain bike. Partial information for the company follows: ...
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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. (Round your Cost per Unit answers to 2 decimal places.) Bikes Produced and Sold 350 Units 910 Units 1348 Units Total Costs Variable Costs 119,000 Fixed Costs Per Year Total Costs 119,000 0 0 Cost Per Unit Variable Cost Per Unit Fixed Cost Per Unit Total Cost Per Unit 0.00 556.00 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 $610. (Round your Margin Ratio answers to 2 decimal places.) 350 Units 910 Units 1348 Units Total Contribution Margin Contribution Margin Ratio % % % |
| 3. | Calculate net operating income at each of the sales levels assuming a sales price of $610. (Round your answers to the nearest whole dollar amount.) 350 Units 910 Units 1348 Units Net Operating Income (Loss) |
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