Question: Please complete all parts! Required information E 5 - 4 and E 5 - 5 [ LO 5 - 1 , 5 - 5 ]

Please complete all parts! Required information
E5-4 and E5-5[LO 5-1,5-5]
[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 to 1,600 units, and monthly production costs for the production of 1,100 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses.
\table[[Production Costs,Total Cost],[Direct materials,$1,700
E5-5(Algo) Calculating Contribution Margin and Contribution Margin Ratio, Preparing Contribution Margin Income Statement [LO 5-5]
Suppose it sells each birdbath for $20.
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 1,300 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.
Note: Round your intermediate calculations and final answer to 2 decimal places. For contribution margin percentage .1234 should be entered as 12.34%. Enter all amounts as positive values.
\table[[,,,= Unit Contribution Margin,],[,,,=,per Birdbath],[,,,= Contribution Margin Ratio,],[,,,=P,%
Please complete all parts! Required information E

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