neyney [The following information applies to the questions displayed below.] 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 1,700 units, and monthly production costs for the production of 1,300 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Direct materials Direct labor Utilities ($120 fixed) Supervisor's salary Maintenance ($330 fixed) Depreciation Total Cost $ 2,900 7,500 570 3,100 470 800 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 1,500 units. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,500 units. Morning Dove Company Contribution Margin Income Statement Expected for 1,500 Units Sales revenue Variable costs 39,000 12,675 X Contribution margin Fixed costs $ 26,325 4,350 Net operating income 21.975