1. A partially completed schedule of the company's total and per unit costs over a relevant range of 56,000 to 96,000 units produced and sold each year is given below. Complete the schedule of the company's total and unit costs.(Round the "variable cost" and "fixed cost" to 2 decimal places.)

2.Assume that the company produces and sells 86,000 units during the year at the selling price of $9.76 per unit. Prepare a contribution format income statement for the year.

Chapter 02 1/23/16, 4:50 PM MBC 632 January 2016: MBC 632 January 2016 Wednesday Chapter 02 5. Michael Pinckney instructions | help value: 16.66 points Parker Company manufactures and sells a single product. Required: 1. A partially completed schedule of the company's total and per unit costs over a relevant range of 56,000 to 96,000 units produced and sold each year is given below. Complete the schedule of the company's total and unit costs. (Round the "variable cost" and "fixed cost" to 2 decimal places.) Units Produced and Sold 56,000 76,000 96,000 Total costs: Variable costs $ Fixed costs 173,600 430,000 $ Total costs 603,600 $ 0 $ 0 $ 0.00 $ 0.00 $ 0.00 Cost per unit: Variable costs Fixed costs Total cost per unit 2. Assume that the company produces and sells 86,000 units during the year at the selling price of $9.76 per unit. Prepare a contribution format income statement for the year. Parker Company Contribution Format Income Statement Sales Variable expenses Contribution margin Fixed expenses Net operating income http://ezto.mheducation.com/hm.tpx Page 1 of 2 Chapter 02 1/23/16, 4:50 PM Hints References eBook & Resources Hint #1 Check my work 2016 McGraw-Hill Education. All rights reserved. 2016 http://ezto.mheducation.com/hm.tpx Page 2 of 2