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please solve both 1 10 points Required information Morning Dove Company manufactures one model of birdbath, which is very popular. Moming Dove sells all units
please solve both
1 10 points Required information Morning Dove Company manufactures one model of birdbath, which is very popular. Moming Dove sells all units it produces each month. The relevant range is 0-1,600 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. cBook Production Costa Direct materials Direct labor Utilities ($110 fixed) Supervisor's salary Maintenance ($330 fixed) Depreciation Total Cost $2,900 6,900 620 2,800 490 750 LOT Hint Suppose it sells each birdbath for $22. Required: 1. 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 1,400 units. Complete this question by entering your answers in the tabs below. 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 sitive values.) Sales price per unit Variable Cost per Unit = Unit Contribution Margin per Birdbath Unit Contribution Margin Sales price per unit = Contribution Margin Ratio % 1 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 0-1,600 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. 10 points Production Costs Direct materials Direct labor Utilities ($110 fixed) Supervisor's salary Maintenance ($330 fixed) Depreciation Total Cost $2,900 6,900 620 2,800 490 750 eBook Hint Suppose it sells each birdbath for $22. 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 1,400 units. 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 1,400 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 IncomeStep by Step Solution
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