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Renirea : 3 Required information art 2 of 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 ints
Renirea : 3 Required information art 2 of 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 ints Skipped 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.) eBook Unit Contribution Margin Hint per Birdbath eferences Contribution Margin Ratio % Required 1 Required 2 ReOuren: 3 Required information 2 of 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 s Kipped Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,800 units. (Round your intermediate calculation to 2 decimal places.) Book MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,800 Units Hint erences Contribution Margin Net Operating Income 3 Required information rt 2 of 2 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 0-1,900 units, and monthly production costs for the production of 1,600 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. nts Skipped Production Costs Direct materials Direct labor Utilities ($110 fixed) Supervisor's salary Maintenance ($340 fixed) Depreciation Total Cost $2,300 7,700 650 3,300 530 750 eBook Hint eferences 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 1,800 units. Complete this question by entering your answers in the tabs below
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