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 0-1,600 units, and monthly production costs for the production of 1100 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Total Cost Direct materials $3,100 Direct labor 7,900 Utilities ($150 fixed) 580 Supervisor's salary 3,800 Maintenance ($250 fixed) Depreciation 850 540 Suppose it sells each birdbath for $22 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 1.300 units. Complete this question by entering your answers in the tabs below. Required Required 1 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.) Show less Unit Contribution Margin per Birdbath Contribution Margin Ratio Required % Required 2 > 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 0-1600 units, and monthly production costs for the production of 1100 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses Production Costs Total Cost Direct materials $3,100 Direct labor 7,900 Utilities ($150 fixed) 580 Supervisor's salary 3,000 Maintenance ($250 fixed) 540 Depreciation 850 Suppose itsells each birdbath for $22. 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 1.300 units. Complete this question by entering your answers in the tabs below. Required Required 1 2 Complete the contribution margin income statement assuming that Moming Dove produces and sells 1,300 units. (Round your intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,300 Units Contribution Margin Net Operating Income Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $630, 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. Complete this question by entering your answers in the tabs below. Required Required Required 2 3 Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $630. (Round your contribution Margin Ratio percentage answers to 2 decimal places (l.e. .1234 should be entered as 12.34%.)) Show less 720 Units 910 Units 1,112 Units Total Contribution Margin Contribution Margin Ratio % Presidio, Inc., produces one model of mountain bike. Partial Information for the company follows: Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $630, 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. ok Complete this question by entering your answers in the tabs below. nt 1 2 ence Required Required Required 3 Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. (Round your answers to the nearest whole dollar amount.) 720 Units 910 Units 1,112 Units Net Operating Income
