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Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $5.20, and each clock sells for $13.00. Calculate Red Hawk's unit contribution margin.

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Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $5.20, and each clock sells for $13.00. Calculate Red Hawk's unit contribution margin. Calculate Red Hawk's contribution margin ratio. Suppose Red Hawk sells 1850 clocks this year. Calculate the total contribution margin. Complete this question by entering your answers in the tabs below. Unit CM CM Ratio Total CM Calculate Red Hawk's unit contribution margin. (Round your answer to 2 decimal places.) Unit contribution margin Unit CM CM Ratio Total CM Calculate Red Hawk's contribution margin ratio. (Round your contribution margin percentage ratio .123 should be entered as 12.3%) = Contribution margin ratio 6 Unit CM CM Ratio Total CM Suppose Red Hawk sells 1,850 clocks this year. Calculate the total contribution margin. (Round contribution margin 2 decimal places.) = Total contribution margin

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