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2 Part 1 of 2 Required Information Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all units It
2 Part 1 of 2 Required Information 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 points Skipped Production Costs Direct materials Direct labor Utilities ($110 fixed) Supervisor's salary Maintenance ($299 fixed) Depreciation Total Cost $ 2,980 6,700 640 2,800 499 7ee eBook 000 Hint References Required: 1. Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). 2. Determine the total fixed cost per month and the variable cost per unit for Morning Dove. 3. State Morning Dove's linear cost equation for a production level of 0-1,500 units. Enter answer as an equation in the form of y = a + bx. 4. Calculate Morning Dove's expected total cost of production Increased to 1,300 units per month. Enter answer as an equation in the form of y = a + bx. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). (Round your per unit value to 2 decimal places.) Production Costs Behavior Rate per Unit per Month per Unit per Month Direct Materials Direct labor Utilities Supervisor's Salary per Unit per Month per Unit per Month Maintenance per Unit per Month Depreciation per Unit per Month Required 1 Required 2 Required 3 Required 4 Determine the total fixed cost per month and the variable cost per unit for Morning Dove. (Round your intermediate calculations and variable cost per unit to 2 decimal places.) Total Variable Cost per Unit Total Fixed Cost per Month Required 1 Required 2 Required 3 Required 4 State Morning Dove's linear cost equation for a production level of 0-1,500 units. Enter answer as an equation in the form of y = a + bx. (Round your intermediate calculations and variable cost per unit to 2 decimal places.) Total Cost Required 1 Required 2 Required 3 Required 4 Calculate Morning Dove's expected total cost if production increased to 1,300 units per month. Enter answer as an equation in the form of y = a + bx. (Round intermediate calculations and variable cost per unit to 2 decimal places.) b Suppose It sells each birdbath for $26. Required: 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,300 units. (Round your intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,300 Units Contribution Margin Net Operating Income
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