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1. Check 6 Required information Part 2012 Part 2 of 2 E5-4 and E5-5 [LO 5-1, 5-5) Morning Dove Company manufactures one model of birdbath,
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Check 6 Required information Part 2012 Part 2 of 2 E5-4 and E5-5 [LO 5-1, 5-5) Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all units it produces each month. The relevant range is 0-1,500 units, and monthly production costs for the production of 1,100 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. 1.87 points Skipped Production Costs Direct materials Direct labor Utilities ($130 fixed) Supervisor's salary Maintenance ($250 fixed) Depreciation Total Cost $2,100 7,900 580 2,900 490 750 eBook Hint Print References E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement (LO 5-5] Suppose it sells each birdbath for $20. Required: 1. Calculate the unit contribution margin and contribution margin ratio for each birdbath sold. 2. Complete the contrib margin ince statement assuming that Morning Dove produces and sells 1,300 units. Complete this question by entering your answers in the tabs below. 6 Required information 1. Calculate the unit contribution margin and contribution margin ratio for each birdbath sold. 2. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,300 units. Part 2 of 2 Complete this question by entering your answers in the tabs below. 1.87 points Required 1 Required 2 Skipped Calculate the unit contribution margin and contribution margin ratio for each birdbath sold. (Round Variable cost per unit to 2 decimal places. Round your contribution margin ratio to 2 decimal places. Enter all amounts as positive values.) eBook Hint Sales price per unit Variable Cost per Unit Unit Contribution Margin Print per Birdbath References Unit Contribution Margin Sales price per unit Contribution Margin Ratio Required 1 Required 2 > 6 Required information Part 2 of 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 1.87 points Skipped Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,300 units. (Round your intermediate calculation to 2 decimal places.) eBook Hint MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,300 Units Sales Revenue Variable Costs Print References Contribution Margin Fixed Costs Net Operating IncomeStep by Step Solution
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