Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $4.80, and each clock sells for $16.00. Required: Calculate Red Hawk's unit contribution margin. Calculate Red Hawk's contribution margin ratio. Suppose Red Hawk sells 2,050 clocks this year. Calculate the total contribution margin. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate Red Hawk's unit contribution margin. Note: Round your answer to 2 decimal places. = Unit contribution margin