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2 parts to this. please complete both clearly. E5-4 and E5-5 [LO 5-1,5-5] Morning Dove Company manufactures one model of birdbath, which is very popular.

image text in transcribed2 parts to this. please complete both clearly.
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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 1,200 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production costs Direct materials Direct labor Utilities ($110 fixed) Supervisor's salary Maintenance ($280 fixed) Depreciation Total cost $2,900 5,900 550 2,700 520 750 E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement [LO 5-5) Suppose It sells each birdbath for $22. 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 1.400 units, Complete this question by entering your answers in the tabs below. Required Required 2 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 es positive values.) Unit Sold 5 Unit Contribution Margin 1.200 00 per Birdbath Contribution Margin Ratio Required 2 > Production costs Direct materials Direct labor Utilities ($110 fixed) Supervisor's salary Maintenance ($200 fixed) Depreciation Total cost $2,900 6, 900 550 2,700 520 750 E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratlo, Preparing Contribution Margin Income Statement [LO 5-5] Suppose It sells each birdboth for $22. 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 1,400 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 1,400 units. (Round your intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1.400 Units Contribution Margin Net Operating Income

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