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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 unit follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Direct materials Direct labor Utilities ($140 fixed) Supervisor's salary Maintenance ($280 fixed) Depreciation Total Cost $ 2,500 7,900 580 3,500 500 750 Suppose it sells each birdbath for $26. 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 Sales Revenue $ 36,400 Variable Costs Contribution Margin $ 23,497 $ 4.670 Fixed Costs $ 18,827 Net Operating Income Cost of Goods Sold Fixed Costs Gross Margin Interest Expense $ $ Net Income After Taxes Interest Expense Net Income After Taxes Net Operating Income $ Sales Revenue In Variable Costs

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