M5-19 (Algo) Calculating Unit Contribution Margin and Contribution Margin Ratio [LO 5-5] Red Hawk Enterprises selis handmade clocks. Its variable cost per ciock is $6.80, and each clock seils for $14.00. Required: Caiculate Red Hawks unit contribution margin. Calculate Red Hawk's contribution margin ratio. Suppose Red Hawk selis 2.000 clocks this year. Calculate the total contribution margin. Complete this question by entering your ansilers in the tabs below. Calculate Red Hawk's unit contribution margin. Note: Round your answer to 2 decimal places. M5-19 (Algo) Calculating Unit Contribution Margin and Contribution Margin Ratio [LO 5-5] Red Hawk Enterprises selis handmade clocks. Its variable cost per clock is $6.80, and each clock sells for $1400. Required: Calculate Red Hawk's unit contribution margin. Caiculate Red Hawk's contribution margin ratio. Suppose Red Hawk selis 2,000 clocks this yeac. Caiculate the total contribution margin. Complete this question by entering your answers in the tabs below. Calculate Red Hawk's contribution margin ratio. Note: Hound your answers to 2 decimal places and Round your contribution margin ratio persentage to 1 decimal places (Le. 123 should be entered as 12.396.) M5-19 (Algo) Calculating Unit Contribution Margin and Contribution Margin Ratio [LO 5-5] Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $6.80, and each clock sels for $14.00. Required: Calculate Red Hawk's unit contribution margin. Calculate Red Hawk's contribution margin ratio. Suppose Red Hawk sells 2,000 clocks this year. Calculate the total contribution margin. Complete this question by entering your answers in the tabs below. Suppose Red Hawk sells 2,000 clocks this year, Calculate the total contribution margin. Note: Round your answers to 2 decimal places