Ramada Company produces one golf cart model. A partially complete table of company costs follows: 1.000 1,200 umber of carts produced and sold Total costs Variable costs Fixed costs per year Total comits Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $700,000 30.000 M1,000 2 Required: 1. Complete the table 2. Ramada sells its carts for $1.750 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 5. Assume Romada sold 300 carts last year Without performing any calculations determine whether Ramade earned a profit last year 6. Calculate the number of carts that Remada must sell to earn $22.500 profit 7. Calculate Ramada's degree of operating leverage fit sells 1050 carts 8. Using the degree of operating leverage calculate the change in Romedo's profit if sales are 20 percent less than expected 8. Using the degree of operating leverage, calculate the change in Ramada's profitif sales are 20 percent less than expected Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required Required 6 Required 7 Required B Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of Oolf Carte Produced and Sold 100 Units 1,000 units 1.200 Unit Total costs Variable costs $ 700,000 Fixed costs per year 240,000 Total costs $ 05 940,000 $ 0 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 0.00 $ 0.00 Required 2 > 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 Ramada sells its carts for $1,750 each. Prepare a contribution margin income statement for each of the three production levels given in the table. Golf carts Produced and Sold 800 units 1,000 units 1,200 units Contribution Margin Income from Operations 5. Assume Ramada sold 300 carts last year. Without performing any calculations, determine whether Ramada earned a profit les 6. Calculate the number of carts that Ramada must sell to earn $22,500 profit. 7. Calculate Ramada's degree of operating leverage if it sells 1,050 carts. 8. Using the degree of operating leverage calculate the change in Ramada's profit. If sales are 20 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. (Round your "Unit" and "Sales Revenue" answers to the nearest whole number.) Carts Break-Even Units Break-Even Sales Revenue u welee Oropetaling leverage, calculate the change in Ramada's profitif sales are 20 percent less than expected. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required Required 6 Required 7 Required Assume Ramada sold 300 carts last year. Without performing any calculations, determine whether Ramada earned a profit last Oves ONO Year b. Assume Rameca Soid JUU Constast yedi WelconyS, MEN 6. Calculate the number of carts that Ramada must sell to earn $22,500 profit. 7. Calculate Ramada's degree of operating leverage if it sells 1050 carts 8. Using the degree of operating leverage calculate the change in Ramada's profit if sales are 20 percent less than expected Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Bequired Required 6 Required Required Calculate the number of carts that Ramada must sell to eam $22,500 profit, Togel On Sale Carts Check in the table 2. Ramada sells its carts for $1750 each. Prepare a contribution margin income statement for each of the three production levels given 4. Calculate Ramada's break-even point in number of units and in sales revenue. 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 $22,500 profit 7. Calculate Roman's degree of operating leverage if it sells 1050 carts 8. Using the degree of operating leverage calculate the change in Romado's profit if sales ore 20 percent less than expected Complete this question by entering your answers in the tabs below. squired 1 Required Required 4 Required 5 Required Required 7 Required Calculate Ramada's degree of operating leverage if it sells 1,050 carts, (Round your answer to 4 decimal places.) Der Operating Love 5. Assume Ramada sold 300 carts last year. Without performing any calculations, determine whether Ramada earned a profit last ye 6. Calculate the number of carts that Ramada must sell to earn $22,500 profit. 7. Calculate Ramada's degree of operating leverage if it sells 1,050 carts 8. Using the degree of operating leverage calculate the change in Ramada's profit if sales are 20 percent less than expected Complete this question by entering your answers in the tabs below. Required Required 2 Required 4 Required Required 6 Required 7 Required B Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 20 percent less than expected (Round your answer to 3 decimal places. (10. 12345 should be entered as 12.345%.)) Effect on Profil %
