UT 5 PA6-4 (Algo) Analyzing Break-Even Point, Target Profit, Degree of Operating Leverage (LO 6-1, 6-2, 6-5] Ramada Company produces one golf cart model. A partially complete table of company costs follows: 2 points soe 1,000 1,200 X 01:58:36 S $ 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 ? ? ? $700,000 240,000 940,000 ? ? ? eBook ? ? ? ? ? ? ? ? ? References Required: 1. Complete the table. 2. Ramada sells its carts for $1,750 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 300 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 $22,500 profit. 7. Calculate Ramada's degree of operating leverage if it sells 1,050 carts. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 20 percent less than expected, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Required 5 5 Required 6 Required 7 Required & Complete the table. (Round your "Cost per Unit" answers to 2 decimal places.) 800 Units 1,000 Units 1,200 Units S 700,000 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 240,000 940,000 $ 0 $ S s 0 S 0.00 $ $ 0.00 $ $ 0.00