ndow shows what is correct and incorrect for the work you nave completed 5o Ta f

Question

ndow shows what is correct and incorrect for the work you nave completed 5o Ta f all of the work you have done so far is correct, you may not have completed everything. 10 1.23 points 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.) Answer is complete and correct. 370 Units 870 Units Total costs 118,400 278,400$ 359,680 194010? 194,010 1940100 472,410 Variable costs Fixed costs per year 312410 S 472410 53,690 Total costs Cost per unit Variable cost per unit Fixed cost per unit 2000 320.00 320.00 52435223.00172.61 844.35 S 543.00 492.61 Total cost per unit 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost o your Margin Ratio percentage answers to 2 decimal places (Le. .1234 should be entered as 12.34% Answer is complete and correct. ?o,, 8 2 4

Explanation / Answer

a) Calculate net income :

Sale price per unit 610 variable cost per unit 320 Contribution margin per unit 290 Unit 370 Total contribution margin 107300 Fixed cost 194010 Net operating income -86710

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