Question: PAS 1 Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin Ratio, Calculating Profit [LO 51, 5 5] Presidio, Inc. produces one model of mountain

 PAS 1 Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin

PAS 1 Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin Ratio, Calculating Profit [LO 51, 5 5] Presidio, Inc. produces one model of mountain bike. Partial information for the company follows. Requ Presidio's cost data lable, (Round your Cost per Unit answers t 2 decimal places.) 890 Units 1092 Units Bikes Produced and Sold 430 Units Total costs Variable costs 116,100 Eved costs per vear 116.100 S Total costs Cast per unit Variable cost per unt FIxed cost per unt Total cost per unit 0.00 S S 559.00 0.00 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 $600. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.) ) 430 Units 890 Units 1092 Units Total Contribution Margin Contribution Margin Ratio % 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $600. (Round your answers to the nearest whole dollar amount.) 430 Units 890 Units 1092 Units Net Operating Income l oss)

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