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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: Required: 1. Complete the table. (Round your Cost per Unit answers to 2 decimal places.) Number of Golf Carts Produced and sold 600 Units B00 Units 1000 Units Total costs Variable costs s 300.000 s 400.000 s 500,000 Fixed costs per year 250,000 250,000 250,000 Total costs 550.000 650.000 Cost per unit s 500.00 s 500.00 s 500.00 Variable cost per unit Fixed cost per unit S 500.00 500.00 S 500.00 Total cost per unit 2. Ramada sells its carts for $1,200 each. Prepare a contribution margin income statement for each of the three production levels given in the table. 600 units 800 units 1,000 units Golf Carts Produced and Sold Contribution Margin Income from operations
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