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Home / Questions / Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells a

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

Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all units it produces each2. Complete the contribution margin income statement assuming that Moming Dove produces and sells 1,600 units. (Round your in

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 Costs Direct materials Total Cost S 1.900 elitios ($100 fixed) Supervisor's salary Depreciatio($270 fixed) 650 ,200 750 Suppose it sells each birdbath for $22. Required: 1. Calculate the unit contribution margin and contribution margin ratio for each birdbath sold. (Round Variable cost per unit to 2 decimal places. Enter all amounts as positive values.) Unit Contribution Margin Sales Price Variable Cost per Unit per Birdbath S. 22.00 Unit Contribution Margin Contribution Margin Ratio Sales Price 2. Complete the contribution margin income statement assuming that Moming Dove produces and sells 1,600 units. (Round your intermediate calculation to two decimal place.) MORNING DOVE COMPANY Contribution Margin Income Statement Expected for 1,600 Units Contribution Margin Net Operating Income

 

Apr 04 2020 View more View Less

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