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pls help!! Required information Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all unitsit produces each month. The
pls help!!
Required information Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all unitsit produces each month. The relevant range is 0-1800 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 Costa Total Coat Direct materials $2.900 Direct labor 2.700 Utilities ($110 fixed) Supervisor's salary 3,100 Maintenance ($280 fixed) 530 Depreciation 700 620 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. 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 positive values.) Unit Contribution Margin per Birdbath Contribution Margin Ratio Required 2 > Required information 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 0-1,800 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 Total cost Direct materials $2,900 Direct labor 7.700 Utilities (5110 xed) 620 Supervisor's salary 3,100 Maintenance ($200 fixed) 530 Depreciation 700 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. 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. (Round your intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1.500 Units Contribution Margin Net Operating Income (Required 1 RA Step by Step Solution
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