Presidio, Inc., produces one model of mountain bike. Partial information for the company follows:
720 Units | 870 Units | 1,136 Units | |
Total costs | |||
Variable costs | $180,000 | $217,500 | $284,000 |
Fixed costs per year | $246,210 | $246,210 | $246,210 |
Total costs | $426,210 | $463,710 | $530,210 |
Cost per unit | |||
Variable cost per unit | $250.00 | $250.00 | $250.00 |
Fixed cost per unit | 341.96 | 283.00 | 216.73 |
Total cost per unit | $591.96 | $533.00 | $466.73 |
Required:
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.
720 Units | 870 Units | 1136 Units | |
Total Contribution Margin | 280,800 | 339,300 | 443,040 |
Contribution Margin Ratio | ? | ? | ? |
3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640.
720 Units | 870 Units | 1136 | |
Net operating Income | ? | ? | ? |
I have tried 39.06% for contribution ratio and it is incorrect, Please solve for contribution margin ratio and net operating income, Thank you
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 720 Units...
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 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 $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. Required 1 Required 2 Required 3 Complete Presidio's cost data table. (Round...
Presidio, Inc., produces one model of a mountain bike. Partial information for the company follows: 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 $630. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. Complete Presidio’s cost data table. (Round your Cost per Unit answers...
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.) 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 12.34%.)) 3. Calculate net operating...
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 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 (loss) at each of the sales levels assuming a sales price of $650. 1. Bikes Produced and Sold 730 Units 810 Units 1,070 Units Total...
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 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 $630. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. Complete this question by entering your answers in the tabs below. Required...
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 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 $620. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. Bikes Produced and Sold 730 Units 830 Units 1,048 Units Total costs...
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 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 (loss) at each of the sales levels assuming a sales price of $650. Complete this question by entering your answers in the tabs below. Required...
Presidio, Inc. produces one model of mountain bike. Partial Information for the company follows: Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratlo and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $640. 3. Calculate net operating Income (loss) at each of the sales levels assuming a sales price of $640. Complete this question by entering your answers the tabs below. Required 1...
Check Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 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 $640. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $640. points eBook Complete this question by entering your answers in the...
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: 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 $620. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. Complete this question by entering your answers in the tabs below. Required...