Ramada Company produces one golf cart model. A partially complete table of company costs follows: 1,500 2,000 2,500 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 $1,240,000 600,000 1,840,000 Required: 1. Complete the table. 2. Ramada sells its carts for $1,550 each. Prepare a contribution margin income statement for each of the three production in the table. 4. Calculate Ramada's break-even point in number of units and in sales revenue. 5. Assume Ramada sold 700 carts last year. Without performing any calculations, determine whether Ramada earned a pro 6. Calculate the number of carts that Ramada must sell to earn $51,000 profit 7. Calculate Ramada's degree of operating leverage if it sells 2,050 carts. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expecte 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. (Round your "Cost per Unit" answers to 2 decimal places.) Number of Golf Carts Produced and Sold Total costs 1,500 Units 2,000 Units 2,500 Units Fixed cost per unit Total cost per unit Required: 1. Complete the table. 2. Ramada sells its carts for $1,550 each. Prepare a contribution margin income statement for each of the three production levels giv in the table. 4. Calculate Ramada's break-even point in number of units and in sales revenue. 5. Assume Ramada sold 700 carts last year. Without performing any calculations, determine whether Ramada earned a profit last yea 6. Calculate the number of carts that Ramada must sell to earn $51,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 2,050 carts. 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. (Round your "Cost per Unit" answers to 2 decimal places.) 1,500 Units 2,000 Units 2,500 Units Number of Golf Carts Produced and Sold Total costs Variable costs Fixed costs per year $ $ 630,000 600,000 1,230,000 1,240,000 600,000 1.840,000 1,050,000 600,000 1,650,000 Total costs $ $ $ Cost per unit $ $ Variable cost per unit Fixed cost per unit 420.00 400.00 820.00 620.00 300.00 920.00 420,00 240.00 660.00 Total cost per unit $ $ 7. Calculate Ramada's degree of operating leverage if it sells 2,050 carts. 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 Ramada sells its carts for $1,550 each. Prepare a contribution margin income statement for each of the three production levels given in the table. 1,500 units 2,000 units 2,500 units Golf Carts Produced and Sold Sales Revenue Contribution Margin Income from Operations 1,500 2,000 2,500 Number of golf carts produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Pixed cost per unit Total cost per unit $1,240,000 600,000 1,840,000 Required: 1. Complete the table. 2. Ramada sells its carts for $1,550 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. 5. Assume Ramada sold 700 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 $51,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 2,050 carts. 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 B 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 ( Required 2 Required 5 > 1,500 2,000 2,500 $ ? Number of golf carts produced and sold Total costs Variable costs Fixed costs per year Total costa Cost per unit Variable cost per unit Pixed cost per unit Total cost per unit $1,240,000 600,000 1,840,000 Required: 1. Complete the table. 2. Ramada sells its carts for $1,550 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 Ramada sold 700 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 $51,000 profit. 7. Calculate Ramada's degree of operating leverage If it sells 2,050 carts. 8. Using the degree of operating leverage, calculate the change in Ramada's profitif 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 700 carts last year. Without performing any calculations, determine whether Ramada earned a profit last year. Yes 1.500 2,000 2,500 Number of golf carts produced and sold Total costs Variable costs Fixed costs per year Total costa Cost per unit Variable cost per unit Pixed cost per unit Total cost per unit $1,240,000 600,000 1,840,000 Required: 1. Complete the table. 2. Ramada sells its carts for $1,550 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 Ramada sold 700 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 $51,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 2,050 carts. 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 Required 7 Required 8 Calculate the number of carts that Ramada must sell to earn $51,000 profit. Target Unit Sales Carts (Required 5 Required 7 > 1,500 2,000 2,500 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 $1,240,000 600,000 1,840,000 Required: 1. Complete the table. 2. Ramada sells its carts for $1,550 each. Prepare a contribution margin income statement for each of the three production level in the table. 4. Calculate Ramada's break-even point in number of units and in sales revenue. 5. Assume Ramada sold 700 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 $51,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 2,050 carts. 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 Required 8 Calculate Ramada's degree of operating leverage if it sells 2,050 carts. (Round your answer to 4 decimal places) Degree of Operating Leverage 1,500 2,000 2.500 Number of golf carts produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Tixed cost per unit Total cost per unit $1,240,000 600,000 1,840,000 Required: 1. Complete the table. 2. Ramada sells its carts for $1,550 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 Ramada sold 700 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 $51,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 2,050 carts. 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. (Round your answer to 3 decimal places. (.e. 12345 should be entered as 12.345%.)) Effect on Profit