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m. Part 2 of 2 Required Information Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all units It
m. Part 2 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 ($298 fixed) Depreciation Total Cost $ 2,900 6,700 640 2,800 490 789 eBook 001 Hint 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. References Complete this question by entering your answers in the tabs below. Required 1 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 as positive values.) = Unit Contribution Margin per Birdbath Contribution Margin Ratio 96 Required Required 2 > 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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