Company produces one golf cart model. A partially complete table of company costs follows: 800 1,000 1,200 - carta produced and sold $ 7 2 2 $600,000 360,000 960,000 2 2 2 w unit 2 7 2 2 2 2 2 ? 2. fasts carts for $1.500 each. Prepare a contribution margin income statement for each of the three production levels 4's break-even point in number of units and in sales revenue. Share Ramada soid 450 carts last yearWithout performing any calculations, determine whether Ramada earned a profit last Gece the number of carts that Ramada must sell to earn $90,000 profit. 1 Gece rates degree of operating leverage if it sells 1050 carts. degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected. come question by entering your answers in the tabs below. Geocarts that Ramada must sell to earn 590,000 profit. Required Required 6 Required 7 Required 8 Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $580 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 840 canoes. Prepare a contribution margin income statement for the company. 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $83,000 profit this year . Calculate the number of cances that must be sold to achieve this target. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 This year Sandy Bank expects to sell 840 canoes. Prepare a contribution margin income statement for the company. (Round your intermediate calculations to 2 decimal places.) SANDY BANK, Inc. Contribution Margin Income Statement For the Current Year Sales Revenue $ 487,200 Variable Costs 131,040 Contribution Margin Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $580 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 840 canoes. Prepare a contribution margin income statement for the company, 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $83,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Requirjas Suppose Sandy Bank wants to earn $83,000 profit this year. Calculate the number of cances that must be sold to achieve this target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number.) Target Sales Units Canoes
