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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
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 1,500 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Direct materials Direct labor Supervison's salary Total Cost $1,900 6,700 utilities ($110 fixed) 550 3,200 Maintenance ($320 fixed) 500 Depreciation 750 Suppose it sells each birdbath for $24 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 1,700 units Complete this question by entering your answers in the tabs below. 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.) Unit Contribution Margin per Birdbath Contribution Margin Ratio - Required 2> x M Question 3-Chapter 5 Connect x //exto.mheducation.com/ext/map/index.html?_con-con&external browser=0&launchUrl=https%253A9 Connect Assignment 52F%252Flms.mheduc Saved produces each month. The relevant range is 0-1,800 units, and monthly production costs for the produc follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in pa Production Costs Direct materials Direct labor Utilities ($110 fixed) Supervisor's salary Total Cost $1,900 6,700 550 3,200 Haintenance ($320 fixed) 500 Depreciation 750 Suppose it sells each birdbath for $24. 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 1,700 units Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,700 units. (Round intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Stanse Expected for 1700 Uses Contribution Margie Net Operating Incone
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