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help asap 6 PA6-4 (Algo) Analyzing Break-Even Point, Target Profit, Degree of Operating Leverage (LO 6-1, 6-2, 6-5) Ramada Company produces one golf cart model.
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6 PA6-4 (Algo) Analyzing Break-Even Point, Target Profit, Degree of Operating Leverage (LO 6-1, 6-2, 6-5) Ramada Company produces one golf cart model. A partially complete table of company costs follows: 2.5 points 800 1,000 1.200 aBook . 5 Number of golf carts produced and sold Total costs Variable costs Pixed costs per year Total costa Cost per Variable cont per unit Fixed cost per unit Total cost per unit 2 2 ? 6700,000 240,000 940,000 > 7 2 2 2 2 7 ? References Required: 1. Complete the table. 2. Ramada sells its carts for $1.750 each. Prepare a contribution margin income statement for each of the three production levels given in the table 4. Calculate Ramada's break-even point in number of units and in sales revenue 5. Assume Ramade sold 300 carts last year. Without performing any calculations, determine whether Ramade earned a profit last year, 6. Calculate the number of carts that Ramada must sell to earn $22,500 profit 7. Calculate Ramada's degree of operating leverage fit sells 1050 carts. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 20 percent less than expected. Complete this question by entering y Aur answers in the tabs below. Required Required 2 Required 4 Required Required 6 Required 7 Required Calculate the number of carts that Ramada must sell to earn $22,500 profit. Targer Unitials Carts Step by Step Solution
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