Production Costs Direct materials Direct labor Utilities ($100 fixed) Supervisor's salary Maintenance ($330 fixed) Depreciation Total Cost $ 1,900 6,900 630 3,200 530 850 E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing 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 1,700 u 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. Note: Round your intermediate calculations and final answer to 2 decimal places. Enter all amounts as positive value = Unit Contribution Margin = per Birdbath = Contribution Margin Ratio = %