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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 $0-1,500$ units, and monthly production costs for the production of $500$ units

follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses.

Suppose it sells each birdbath for $$25.$

Required:

Calculate the unit contribution margin and contribution margin ratio for each birdbath sold.

Complete the contribution margin income statement assuming that Morning Dove produces and sells $1,400$ units.

Complete this question by entering your answers in the tabs below.

Complete the contribution margin income statement assuming that Morning Dove produces and sells $1,400$ units. $($Round your

intermediate calculation to $2$ decimal places.$)$

MORNING DOVE COMPANY

Contribution Margin Income Statement

Expected for $1,400$ Units