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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

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

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Required 1 Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of Golf Carts Produced and Sold 800 Units 1000 Units 1200 Units Total costs 400,000 $ 240,000 640,000 $ 500,000$ 240,000 740,000 $ 600,000 240,000 840,000 Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit 500.00 $ 300.00 800.00 $ 500.00 $ 240.00 740.00 $ 500.00 200.00 700.00 Total cost per unit 2. Ramada sells its carts for $1,250 each. Prepare a contribution margin income statement for each of the three production levels given in the table olf Carts Produced and Sold Sales Revenue Variable Costs Fixed Costs Net Operating Income Contribution Margin Net Income After Taxes Interest Expense Gross Margin Net Operating Income 800 unit 1000 units 1200 units

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