Question: please help me figure out the rest if the required material! Thanks! Required information E5-4 and E5-5 [LO 5-1, 5-5) Morning Dove Company manufactures one


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 0-2,000 units, and monthly production costs for the production of 1,700 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses, Production Costs Direct materials Direct labor Utilities ($150 fixed) Supervisor's salary Maintenance ($340 fixed) Depreciation Total Cost $2,500 7,100 560 3,300 530 850 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 tells 1,900 units. Prev 1 of 1 Next > 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.) Sales price per unit Variable Cost per Unit Unit Contribution Margin 24.00 per Birdbath + Unit Contribution Margin Contribution Margin Ratio Sales price per unit $ 24.00 Required: Required 2 > Required 1 Required 2 Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,900 units. (Round your intermediate calculation to 2 decimal places.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,900 Units Sales Revenue $ 45,600 Variable Costs Contribution Margin Fixed Costs Net Operating Income
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