The following costs result from the production and sale of 4.500 drum sets manufactured by Tight Drums Company for the year ended December 31, 2015. The drum sets sell for $300 each. The company has a 35% income tax rate 3121,500 414,000 162.000 112.500 + Variable production ecete Platte for casino Wages of bly workers Destanda Variable selling cours Fixed wastacturing costs Tento Tactory maintenance Tatoy sachinery depreciation Fixed selling and administrative coats Les of equipment for sales start counting statt salarios Administrative anat alates 15.000 30,000 30,000 30.000 80,000 160,000 Required: 1. Prepare a contribution margin income statement for the year 2. Compute its contribution margin per unit and its contribution margin ratio 3. For each dollar of sales, how much is left to cover fed costs and contribute to operating income? Complete this question by entering your answers in the tabs below. Roured 1 1 Tor each otot les bow much is to covered costs and contribute to operating come? (Round you to decimal Prev 18 of 19 Next > er EN NE . 1 3 5 6 C 9 8 0 E R T Y U 1 0 S F G H H J L X C > V B N M. mand command option