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  3. the following costs result from the production and

The following costs result from the production and sale of 4,100 drum sets manufactured by...

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Accounting

imageimageimageimage The following costs result from the production and sale of 4,100 drum sets manufactured by Tight Drums Company for the year ended December 31, 2019. The drum sets sell for $260 each. The company has a 35% income tax rate. Required: 1. Prepare a contribution margin income statement for the year. 2. Compute its contribution margin per unit and its contribution margin ratio. 3. For each dollar of sales, how much is left to cover fixed costs and contribute to operating income? Complete this question by entering your answers in the tabs below. Dranarn a contrihtinn marnin inromn ctatnmant far tho vag Compute its contribution margin per unit and its contribution margin ratio. (Rou nercentane.) For each dollar of sales, how much is left to cover fixed costs and contribute to operating income? (Round your answer to 2 decimal places.) For each dollar of sales, how much is left to cover fixed costs and contribute to operating income

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