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[The following information applies to the questions displayed below) Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all

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[The following information applies to the questions displayed below) 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 Production Costs Total Cost $1,500 Utilities (5100 fixed) Maintenance ($280 fixed) Depreciation Direct materials Direct labor Supervisor's salary 7,500 650 3,000 480 800 Suppose it sells each birdbath for $25. 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 1400 units Complete this question by entering your answers in the tabs below. Required: Required 2 Calculate the unit contribution margin and contribution margin ratio for each birdbath sold. (Round Variable cost per unit to 2 decimal place Enter all amounts as positive values.) Unit contribution margin por Birdbath Contribution margin ratio Complete the contribution margin income stat intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,400 Units Contribution margin Net operating income

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