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

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Accounting

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Ramada Company produces one golf cart model. A partially complete table of company costs follows: 1,200 Number of tolf carts produced and cold 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 1,000 $700,000 240.000 940,000 2 Required: 1. Complete the table 2. Romade 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 Remedies break-even point in number of units and in sales revenue 5. Assume Remade sold 300 carts last year. Without performing any calculations, determine whether Ramade earned a profit last yea 6. Calculate the number of carts that Ramada must sell to earn $22,500 profit. 7. Calculate Ramade's degree of operating leverage if it seils 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.

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