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

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Accounting

Ramada Company produces one golf cart model. A partially complete table of company costs follows:
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 Ramada's 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 Ramada's 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 Ramada's profit if sales are 10 percent less than expected.
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