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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

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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 0-1700 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 Total Cost Direct materials $ 2,500 Direct lobor 7,900 Utilities ($140 fixed) Supervisor's salary Maintenance ($280 fixed) Depreciation 580 3,500 500 750 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 1400 units. 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.) Sales price per unit Variable Cost per Unit Unit Contribution Margin per Birdbath Contribution Margin Ratio % Required Required 2 > 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 Required 2

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