Chapter $6$ Accounting HW

Ramada Company produces one golf cart model. A partlally complete table of company costs follows:

Required:

Complete the table.

Ramada sells its carts for $$1,050$ each. Prepare a contribution margin Income statement for each of the three production levels given

In the table.

Calculate Ramada's break$-$even point in number of units and in sales revenue. Ramada sells its carts for $$1,050$ each.

Assume Ramada sold $1,000$ carts last year. Without performing any calculations, determine whether Ramada earned a profit last

year.

Calculate the number of carts that Ramada must sell to earn $$30,000$ profit. Ramada sells its carts for $$1,050$ each.

Calculate Ramada's degree of operating leverage if it sells $2,050$ carts. Ramada sells its carts for $$1,050$ each.

Using the degree of operating leverage, calculate the change in Ramada's profit if sales are $10$ percent less than expected.

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Complete the table.

Note: Round your "Cost per Unit" answers to $2$ decimal places.