EXERCISE 1–11 Cost Behavior; Contribution Format Income Statement LO1–4, LO1–6 Harris Company manufactures and sells a single product. A partially completed schedule of the company’s total costs and costs per unit over the relevant range of 30,000 to 50,000 units is given below:

Units Produced and Sold 40,000 50,000 30,000 Total costs: Variable $180,000 ? ? cost Fixed 300,000 cost Total cost $480,000 Costs per unit: ? ++ ? ? ? Variable ? ? ? cost Fixed ? cost Total cost per unit ? ? ? ? ?

Required:
1. Complete the above schedule of the company’s total costs and costs per unit.
2. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year.