Ramada Company produces one golf cart model. A partially complete table of company costs follows: 600 800 1,we $ $ 222 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 $384,000 240,000 624, eee ? ? ? Required: 1. Complete the table. 2. Ramada sells its carts for $1.200 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 350 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 $12,000 profit 7. Calculate Ramada's degree of operating leverage if it sells 850 carts, 8. Using the degree of operating leverage calculate the change in Ramada's profit if sales are 10 percent less than expected hgem Ramada's profit if sales are 10 percent less than expected Complete this question by entering your answers in the tabs below. 02 Required 1 Required 2 Required 4 Required 5 Required 6 Required 7 Required B Ramada sells its carts for $1,200 each. Prepare a contribution margin income statement for each of the three production levels given in the table. Golf Carts Produced and Sold 600 units 800 units 1,000 units Contribution Margin Income from Operations Pre Next 3.A 350 carts last year. Without performing any calculations, determine whether Ramada earned a pr 6. Calculate the number of carts that Ramada must sell to earn $12,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 10 percent less than expec 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 TOSL 6. Calculate the number of carts that Ramada must sell to earn $12,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. 3. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 10 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 350 carts of fear. Without performing any calculations, determine whether Ramada earned a profit last year Yes NO 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 the number of carts that Ramada must sell to earn $12,000 profit. Target Unit Sales Carts Required: 1. Complete the table. 2. Ramada sells its carts for $1,200 each. Prepare a contribution margin Income statement for each of the three production le in the table. 4. Calculate Ramada's break-even point in number of units and in sales revenue. 5. Assume Ramada sold 350 carts last year. Without performing any calculations, determine whether Ramada earned a profil 6. Calculate the number of carts that Ramada must sell to earn $12,000 profit. 7. Calculate Ramada's degree of operating leverage if it sells 850 carts. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 10 percent less than expectec 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 850 carts. (Round your answer to 4 decimal places.) Degree of Operating Leverage 8. Using the degree of operating leverage, calculate the change in Ramada's profit of sales are 10 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 10 bercent less than expected. (Round your answer to 3 decimal places. (i.e. .12345 should be entered as 12.345%.)) Effect on Profit 96
