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Ramada Company produces one golf cart model. A partially complete table of company costs follows: Number of golf carts produced and sold Total costs

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Ramada Company produces one golf cart model. A partially complete table of company costs follows: Number of golf carts produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required: 1. Complete the table. 600 800 $ 7 ? ? $ 544,000 240,000 $ 784,000 1,000 $ ? ? ? 2. Ramada sells its carts for $1,700 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. Ramada sells its carts for $1,700 each. 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 $15,000 profit. Ramada sells its carts for $1,700 each. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required 8. Complete the table. Note: Round your "Cost per Unit" answers to 2 decimal places. Number of Golf Carts Produced and Sold Total costs Variable costs 600 Units 800 Units 1,000 Units $ 544,000 6. Calculate the number of carts that Ramada must sell to earn $15,000 profit. Ramada sells its carts for $1,700 each. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expe Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required 8. Complete the table. Note: Round your "Cost per Unit" answers to 2 decimal places. Number of Golf Carts Produced and Sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 600 Units 800 Units 1,000 Units $ 544,000 240,000 $ 784,000 6. Calculate the number of carts that Ramada must sell to earn $15,000 profit. Ramada sells its carts for $1,700 each. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required 81 Ramada sells its carts for $1,700 each. Prepare a contribution margin income statement for each of the three production levels given in the table. Golf Carts Produced and Sold Contribution Margin 600 units 800 units 1,000 units Income from Operations Fixed cost per unit Total cost per unit Required: 1. Complete the table. 2. Ramada sells its carts for $1,700 each. Prepare a contribution margin income statement for each of the three production le in the table. 4. Calculate Ramada's break-even point in number of units and in sales revenue. Ramada sells its carts for $1,700 each. 5. Assume Ramada sold 300 carts last year. Without performing any calculations, determine whether Ramada earned a profim 6. Calculate the number of carts that Ramada must sell to earn $15,000 profit. Ramada sells its carts for $1,700 each. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required 8 Calculate Ramada's break-even point in number of units and in sales revenue. Ramada sells its carts for $1,700 each. Note: Do not round your intermediate calculations. Round your "Unit" and "Sales Revenue" answers to the nearest whole number. Break-Even Units Break-Even Sales Revenue Carts < Required 2 Required 5 > Fixed cost per unit Total cost per unit Required: 1. Complete the table. 2. Ramada sells its carts for $1,700 each. Prepare a contribution margin income statement for each of the three production levels in the table. 4. Calculate Ramada's break-even point in number of units and in sales revenue. Ramada sells its carts for $1,700 each. 5. Assume Ramada sold 300 carts last year. Without performing any calculations, determine whether Ramada earned a profit last. 6. Calculate the number of carts that Ramada must sell to earn $15,000 profit. Ramada sells its carts for $1,700 each. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required 8 Assume Ramada sold 300 carts last year. Without performing any calculations, determine whether Ramada earned a profit last year. Required 4 Required 6 Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required: 1. Complete the table. ? $ 784,000 ? ? ? ? ? ? 2. Ramada sells its carts for $1,700 each. Prepare a contribution margin income statement for each of the three production levels in the table. 4. Calculate Ramada's break-even point in number of units and in sales revenue. Ramada sells its carts for $1,700 each. 5. Assume Ramada sold 300 carts last year. Without performing any calculations, determine whether Ramada earned a profit last 6. Calculate the number of carts that Ramada must sell to earn $15,000 profit. Ramada sells its carts for $1,700 each. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required 8 Calculate the number of carts that Ramada must sell to earn $15,000 profit. Ramada sells its carts for $1,700 each. Note: Do not round your intermediate calculations. Target Unit Sales Carts Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required: 1. Complete the table. ? $ 784,000 ? 2. Ramada sells its carts for $1,700 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. Ramada sells its carts for $1,700 each. 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 $15,000 profit. Ramada sells its carts for $1,700 each. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected.. Complete this question by entering your answers in the tabs below. Required 7 Required 81 Required 2 Required 4 Required 5 Required 6 Required 1 Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. Note: Do not round your intermediate calculations. Round your answer to 4 decimal places. Degree of Operating Leverage < Required 6 Required 8 > Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required: 1. Complete the table. $ 784,000 2. Ramada sells its carts for $1,700 each. Prepare a contribution margin income statement for each of the three production levels give in the table. 4. Calculate Ramada's break-even point in number of units and in sales revenue. Ramada sells its carts for $1,700 each. 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 $15,000 profit. Ramada sells its carts for $1,700 each. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. Ramada sells its carts for $1,700 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required 8 Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected. Note: Do not round your intermediate calculations. Round your answer to 3 decimal places. (i.e. 0.12345 should be entered as 12.345%.). Change in Profit < Required 7 Required

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