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 $0$ to $1,500$ 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.

E$5-5($Algo$)$ Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution

Margin Income Statement $[$LO $5-5]$

Suppose it sells each birdbath for $$24.$

Required:

Calculate the unit contribution margin and contribution margin ratio for each birdbath sold.

Complete the contribution margin income statement assuming that Morning Dove produces and sells $1,300$ unith

Complete this question by entering your answers in the tabs below.

Calculate the unit contribution margin and contribution margin ratio for each birdbath sold.

Note: Round your intermediate calculations and final answer to $2$ decimal places. Enter all amounts as positive values.