Question: 1. Complete the table. 2. Ramada sells its carts for $1,600 each. Prepare a contribution margin income statement for each of the three production levels

1. Complete the table. 2. Ramada sells its carts for $1,600

1. Complete the table. 2. Ramada sells its carts for $1,600 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 $1,600 each. 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 $48,000 profit. Ramada sells its carts for $1,600 each. 7. Calculate Ramada's degree of operating leverage if it sells 650 carts. Ramada sells its carts for $1,600 each. 8. Using the degree of operating leverage, calculate the change in Ramada's profit if sales are 15 percent less than expected

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