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

Number of golf carts produced and sold	1,500	2,000	2,500
Total costs
Variable costs	$ ?	$ 840,000	$ ?
Fixed costs per year	?	600,000	?
Total costs	?	$ 1,440,000	?
Cost per unit
Variable cost per unit	?	?	?
Fixed cost per unit	?	?	?
Total cost per unit	?	?	?

Required:

1. Complete the table.

2. Ramada sells its carts for $1,050 each. Prepare a contribution margin income statement for each of the three production levels given in the table.

4. Calculate Ramadas break-even point in number of units and in sales revenue. Ramada sells its carts for $1,050 each.

5. Assume Ramada sold 1,000 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 $30,000 profit. Ramada sells its carts for $1,050 each.

7. Calculate Ramadas degree of operating leverage if it sells 2,050 carts. Ramada sells its carts for $1,050 each.

8. Using the degree of operating leverage, calculate the change in Ramadas profit if sales are 10 percent less than expected.