Question: Required: 1. Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Bikes Produced and Sold 410 Units 830 Units

 Required: 1. Complete Presidio's cost data table. (Round your Cost per

Required: 1. Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Bikes Produced and Sold 410 Units 830 Units 1856 Units Total costs Variable costs $143,500 Fixed costs per year Total costs $ 143,500 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 0.00 $ 555.00 S 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 $650. (Round your Margin Ratio percentage answers to 2 decimal places (Le-.1234 should be entered as 12.34%.)) 410 Units 830 Units 1856 Units Total Contribution Margin Contribution Margin Ratio 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $650. (Round your answers to the nearest whole dollar amount.) 410 Units 830 Units 1856 Units Net Operating 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!