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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 see 600 Total

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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 see 600 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 $230,000 120,e00 350,000 Required: 1. Complete the table. 2. Ramada sells its carts for $1,150 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 200 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 $18,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 550 carts. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 10 percent less than expected. Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) Nuinber of Golf Carts Produced and Sold 400 Units 500 Units 600 Units Total costs 2$ 230,000 Variable costs Fixed costs per year 120,000 Total costs 350,000 2$ Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required 2 Ramada sells its carts for $1,150 each. Prepare a contribution margin income statement for each of the three production levels given in the table. Golf Carts Produced and Sold 400 units 500 units 600 units Contribution Margin Income from Operations Calculate Ramada's break-even point in number of units and in sales revenue. (Round your "U answers to the nearest whole number.) Break-Even Units Carts Break-Even Sales Revenue Required 6 Required 5 Required 7 Required 1 Required 2 Required 4 Calculate the number of carts that Ramada must sell to earn $18,000 profit. Carts Target Unit Sales Calculate Ramada's degree of operating leverage if it sells 550 carts. (Round your answer to 4 decimal places.) Degree of Operating Leverage

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