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Required: 1. Complete Presidios cost data table. 2. Calculate Presidios contribution margin ratio and its total contributio
H rs in the tabs below. Complete this question by entering your answers in the tabs below. ering your answer Required 1 Requi
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Answer #1
1
Bikes produced and sold 740 units 810 units 1920 units
Total costs
Variable costs 185000 202500 480000
Fixed costs per year 250290 250290 250290
Total costs 435290 452790 730290
Cost per unit
Variable cost per unit 250.00 250.00 250.00
Fixed costs per unit 338.23 309.00 130.36
Total Cost per unit 588.23 559.00 380.36
2
740 units 810 units 1920 units
Total Contribution margin 281200 307800 729600
Contribution margin ratio 60.32% 60.32% 60.32%
3
740 units 810 units 1920 units
Net Operating income(Loss) 30910 57510 479310
Workings:
Variable cost per unit 250.00 =185000/740
Fixed costs per year 250290 =810*(559-250)
740 units 810 units 1920 units
Total Contribution margin =740*(630-250) =810*(630-250) =1920*(630-250)
Contribution margin ratio 60.32% =(630-250)/630
740 units 810 units 1920 units
Net Operating income(Loss) =(281200-250290) =(307800-250290) =(729600-250290)
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