make sure req 1 & 2 are correct. need help with req 3

The following costs result from the production and sale of 4,900 drum sets manufactured by Tight Drums Company for the year ended December 31. The drum seis sell for $340 each. Variable costs Plastic for casing $ 171,500 Wages of assembly workers 490, eee Drum stands 215,600 Sales commissions 161,700 Fixed costs Taxes on factory 6, ese Factory maintenance 12,eee Factory machinery depreciation 72,eee Lease of equipment for sales staff 12,000 Accounting staff salaries 62, e8e Administrative salaries 142, eee Required: 1. Prepare a contribution margin Income statement for the year. 2. Compute contribution margin per unit and contribution margin ratio. 3. For each dollar of sales, how much is left to cover fixed costs and contribute to income? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 For each dollar of sales, how much is left to cover fixed costs and contribute to income? (Round your answer to 2 decimal places.) For each dollar of sales, how much is left to cover fixed costs and contribute to income? nits 02:21:57 Requires 1 Required 2 Required 3 Prepare a contribution margin income statement for the year. S. 1666,000 TIGHT DRUMS COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales Variable costs Plastic for casing 171,500 Wages of assembly workers 490,000 Drum stands 215,600 Sales commissions 161 700 1,038,800 627 200 6.000 Contribution margin Fixed costs Taxes on factory Factory maintenance Factory machinery depreciation Lease of equipment for sales staff Administrative salaries Accounting staff salaries Administrative salaries Income 12,000 72,000 12.000 142.000 62,000 142.000 448,000 208.780 5 Required Required 2 >