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Ramada Company produces one golf cart model. A partially complete table of company costs follows: Required: 1. Rewrite and COMPLETE the table in your notebook.

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Ramada Company produces one golf cart model. A partially complete table of company costs follows: Required: 1. Rewrite and COMPLETE the table in your notebook. (Round your "Cost per Unit" answers to 2 decimal places. Data entered in table on Connect will not be graded.) Number of Golf Carts Produced and Sold 600 Units 800 Units 1000 Units Total costs Variable costs $464,000 Fixed costs per year 240,000 240,000 240,000 Total costs $ 240,000704,000$ 240,000 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 0.00 2. Ramada sells its carts for $1,450 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. (Round your final answers to the nearest whole number) 5. Assume Ramada sold 300 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 $21,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 850 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.)

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