Required information 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 0-1,800 units, and monthly production costs for the production of 1.400 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses, Production Costs Direct materials Direct labor Utilities ($130 fixed) Supervisor's salary Maintenance ($310 fixed) Depreciation Total Cost $2,500 7,900 580 2,600 460 850 Suppose it sells each birdbath for $28. 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 1,600 units. Required 1 Required 2 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.) Sales price per unit s Variable Cost per Unit $ 7.15 Unit Contribution Margin $ 20.85 28.00 per Birdbath Unit Contribution Margin 20.85 Sales price per unit Contribution Margin Ratio 74.46 % 28.00 Required Required 2 > Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,600 units. (Round your intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,600 Units Sales Revenue 44,800 Variable Costs 11,424 $ Contribution Margin Fixed Costs 33,376 3,890 s Net Operating Income 29,486