0 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 1,400 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Conta Total Coat Direct materials $2,300 Direct labor 8,100 Utilities ($110 fixed) 630 Supervisor's salary 3,200 Maintenance ($310 fixed) Depreciation 700 490 E5-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement (LO 5-5) Suppose It sells each birdbath for $24. 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 1600 units. Complete this question by entering your answers in the tabs below. Required 1 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 positive values.) Unit Contribution Margin por Birdbath Contribution Margin Ratio 9 Required 2 > Check my work 3 Required information Required 1 Required 2 Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,600 units. (Round your intermediate calculation to 2 decimal places.) Hint rences MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,500 units Contribution Margins Net Operating Income Required 1