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Ramada Company produces one golf cart model. A partially complete table of company costs follows Required 1. Complete the table. (Round your Cost per Unit

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Ramada Company produces one golf cart model. A partially complete table of company costs follows Required 1. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Total cost 2. Ramada sells its carts for $1,550 each. Prepare a contribution margin income statement for each of the three production levels given in the table. Net Operating income 4. Calculate Ramada's break-even point in number of units and in sales revenue. Round your final answers to the nearest whole number.) Break-Even Units Break Even Sales eve 5. Assume Ramada sold 700 carts last year. Without performing any calculations, determine whether Ramada earned a profit last year. 6. Calculate the number of carts that Ramada must sell to earn $51,000 profit. 6. Calculate the number of carts that Ramada must sell to earn $51,000 profit. t Unit Sales Carts 7. Calculate Ramada's degree of operating leverage if it sells 2,050 carts. (Round your answer to 4 decimal places. (i.e. .12345 should be entered as 12.345%) 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected. (Round your answer to 3 decimal places.) on Profit References eBook &Resources Worksheet Learming Objective: 06-01 Use cost-volume-profit analysis to find the break- even point Learning Objective: 06-05 Calculate the degree of operating leverage and use it to predict the effect a change in sales will have on profit

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