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Required information. E5-4 and ES-5 [LO 5-1, 5-5) Morning Dove Company manufactures one model of birdbath, which is very popular Moming Dove sells all
Required information. E5-4 and ES-5 [LO 5-1, 5-5) Morning Dove Company manufactures one model of birdbath, which is very popular Moming Dove sells all units it produces each month. The relevant range is 0-1,600 units, and monthly production costs for the production of 1,300 units follow. Moming Dove's utilises and maintenance costs are mixed with the fixed components shown in parentheses Production Cost Direct materials Direct labor Utilities 15148 fixed) Supervisor's salary Maintenance (5320 Led) Depreciation Total Cost $2,10 7,100 658 3,300 530 858 ES-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement [LO 5-5) Suppose sels each birdbath for $28 Required 1. Calculate the unt contribution margin and conebution margin ratio for each birdbath sold 2. Complete the contribution margin income statement assuming that Morning Dove produces and sels 1500 units Complete this question by entering your answers in the tabs below. Calculate the unit contribution man n and tution margin res for each birdbath sd (o be at per unit 2 Moma punt your contron margin rao to 2 decimal places Enter all amounts as petive) Prev Next >
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