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 1,000 units follow Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. E5.5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement [LO 5-5] Suppose it sells each birdbath for $24. Required: 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 1,200 units. Answer is not complete. 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. produces eompany manufactures one model of birdbath, which is very popular. Morning Dove sells all units it units follow. Month. The relevant range is 0 to 1,500 units, and monthly production costs for the production of 1 , units follow. Morning Dove's utilities and maintenance costs are mixed with the fored components shown in parenth E5.5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contrib Margin Income Statement [LO 5-5] Suppose it sells each birdbath for $24. 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 1,200 units. Answer is not complete. Complete this question by entering your answers in the tabs below. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,200 units