Question: PA5-4 Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin Ratio, Calculating Profit LO 5-1, 5-5 Presidio, Inc. produoes one model of mountain bike. Partial

 PA5-4 Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin Ratio,

PA5-4 Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin Ratio, Calculating Profit LO 5-1, 5-5 Presidio, Inc. produoes 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 510 Units 830 Units 1218 Unit Total casts Variable oats $137,700 Fixed casts per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Totsl cost per unit 559.00 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 $640 (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.347.)) 510 Units 830 Units 1216 Units Total Contribution Margin Contribution Margin Ratio 3. Calculate net operating income (loss) at each of the sales levsls assuming a sales price of $640. (Round your answers to the nearest whole dollar amount.) 510 Unit:s 830 Units 1218 Units Net Operaing Income (Loss)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!