I need help with my homework practice problems because I keep getting the quesion incorrect. there are 3 parts to this question to recieve full credit please help with all 3 parts to receive full credit for provlem.

part 1.

part 2.

part 3.

The following costs resurt from the production and sale of 4,600 drum sets manufactured by Tigit Drums Company for the year ended December 31. The drum sets sell for $310 each. Required: 1. Prepere a contribution margin income statement for the yeat. 2. Compute contribution margin per unit and contribution margin ratio. 3. For each dollar of sales, how much is left to cover foxed costs and contribute to income? 8 Answer is not complete. Complete this question by entering vour answers in the tabs below. Compute contribution margin per unit and contribution margin ratio. Notwi Round Contribution margin ratio to nearest whole percentage. Problem 5-2A (Algo) Contribution margin Income statement and contrlbution margin ratio LO A1 The following costs result from the production and sale of 4.600 dnum sets manufactured by Tight Drums Company for the year ended December 31 . The drum sets sel for $310 each. Required: 1. Prepare a contribution margin income statement for the year 2 Compute contribution margin per unit and contribution maroin fatio 3. For each dollar of sales, how much is left to cover fixed costs abd contribute to income? Q Answer is not complete. Complete this question by entering your answers in the tabs below. For each dollar of sales, how much is left to cover fixed costs and contribute to income? fioter flound your answer te 2 decimal places. The following costs result from the production and sale of 4.600 drum sets manufactured by Tight Drums compardy for the year endec December 31. The drum sets sell for $310 each. Required: 1. Prepare a contribution margin income statement for the year: 2 compute contribution margin per unit and contribution margin ratio. 3. For each dollar of saies, how much is left to cover fixed costs and contribute to income? Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare a contribution margin income statement for the year