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

Number of golf carts produced and sold	1,500	2,000	2,500
Total costs
Variable costs	$ ?Question mark	$ 1,040,000	$ ?Question mark
Fixed costs per year	?Question mark	600,000	?Question mark
Total costs	?Question mark	$ 1,640,000	?Question mark
Cost per unit
Variable cost per unit	?Question mark	?Question mark	?Question mark
Fixed cost per unit	?Question mark	?Question mark	?Question mark
Total cost per unit	?Question mark	?Question mark	?Question mark

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 Ramadas 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 Ramadas 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 Ramadas profit if sales are 10 percent less than expected.