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1. 2. 3. 4. 5. Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per
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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 63,000 to 103,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 93,000 units during the year at a selling price of $8.98 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. (Round the per unit variable cost and fixed cost to 2 decimal places.) 63,000 Units Produced and Sold 83,000 Units Produced and Sold 103,000 Units Produced and Sold Total costs: Variable costs $ 176,400 Fixed costs 430,000 Total costs $ 606,400 $ 0 $ 0 Cost per unit: Variable cost Fixed cost Total cost per unit $ 0.00 $ 0.00 $ 0.00 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 63,000 to 103,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 93,000 units during the year at a selling price of $8.98 per unit. Prepare a contribution format income statement for the year. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company produces and sells 93,000 units during the year at a selling price of $8.98 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement Sales Variable expenses Contribution margin Fixed expense Net operating income Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What was the contribution margin per unit? (Round your final answer to nearest whole dollar.) Contribution margin per unitStep by Step Solution
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