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

Required:

$1-$complete the table.

$2-$ Ramada sells its carts for $$1,300$ 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 $$1,300$ each.

$5-$Assume Ramada sold $800$ 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 $$24,000$ profit. Ramada sells its carts for $$1,300$ each.

$7-$ Calculate Ramada's degree of operating leverage if it sells $2,050$ carts. Ramada sells its carts for $$1,300$ each.

$8-$ Using the degree of operating leverage, calculate the change in Ramada's profit if sales are $10$ percent less than expected.