Write each answer out
Answers full question REQUIRED 1 & 2
Required Information E5-4 and E5-5 [LO 5-1, 5-5) 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 0-1.900 units, and monthly production costs for the production of 1,500 units follow. Moming Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Direct saterials Direct labor Utilities ($140 fixed) Supervisor's salary Maintenance ($268 fixed) Depreciation Total Cost $ 2,9ee 7.5ee 610 3,100 52e 838 E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement [LO 5-5) E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement [LO 5-5] 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 1700 units. Complete this question by entering your answers in the tabs below. Required i 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 positiva values.) Unit Contribution Margin per Birdbath Contribution Margin Ratio 96 Required 2 E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement [LO 5-5) 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 1700 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 your intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,700 Units Contribution Margin Net Operating Income