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Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells...

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Accounting

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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 0-1,800 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 Coats Total Coat Direct materiala $2,900 Direct labor 7.100 Utilities (5140 pixed) 580 Supervisor's salary 2.800 Maintenance (310 Fixed) 500 Depreciation 700 Suppose it sells each birdbath for $26. 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 1,600 units. MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,600 Units Sales Revenue $ 41,600 Contribution Margin Cost of Goods Sold Fixed Costs

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