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Required information E5-4 and E5-3 [LO 5-1, 5-5] [The following information applies to the questions displayed below.] Morning Dove Company manufactures one model of birdbath,
Required information E5-4 and E5-3 [LO 5-1, 5-5] [The following information applies to the questions displayed below.] 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 to 1,800 units, and monthly production costs for the productlon of 1,400 units follow. Morning Dove's utilitles and maIntenance costs are mixed with the fixed components shown In parentheses. E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Prepering Contribution Margln Income Statement [LO 5-5] Suppose it selis each birdbath for $28. Required: 1. Calculate the unit contribution margin and contrlbution margin ratio for each birdbath sold. 2 Complete the contribution margin Income statement assuming that Moming Dove produces and sells 1,600 units. Complete this question by entering your answers in the tabs below. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,600 units
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