Question: PA5-4 Predicting predicting Cost Behavior, Calculating Contribution Marain and Contribution Margin Ratio, Calculating Profit asidio, Inc. produces one model of mountain bike. Partial information for
PA5-4 Predicting predicting Cost Behavior, Calculating Contribution Marain and Contribution Margin Ratio, Calculating Profit asidio, Inc. produces one model of mountain bike. Partial information for the company LO follows: Cost Data Number of Bikes Produced and Sold 625 800 1,050 $125,000 Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $581.25 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 $650. 3. Calculate net operating income at each of the sales levels assuming a sales price of $650. PA5-5 Comparing Full Absorption and Variable Costing Refer to the information for Presidio, Inc., in PA5-4. Additional information for Presidio's most recent year of operations follows: PA5-4 Predic dicting Cost Behavior, Calculating Contribution Marain and Contribution Margin Ratio, Calculating Profit dio. Inc. produces one model of mountain bike. Partial information for the company LO 5 follows: Cost Data Number of Bikes Produced and Sold 625 800 1,050 $125,000 $ ? Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $581.25 Required: 1. Complete Presidio's cost data table. - 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. Calculate net operating income at each of the sales levels assuming a sales price of $650
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