Question: 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
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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.) 810 Units 1280 Units Bikes Produced and Sold 510 Units Total costs $ Variable costs 153,000 Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit 545.00 Total cost per unit $ 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. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 510 Units 810 Units 1280 Units Total Contribution Margin Contribution Margin Ratio % 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. (Round your answers to the nearest whole dollar amount.) 810 Units 510 Units 1280 Units Net Operating Income (Loss)
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