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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
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 91,000 units during the year at a selling price of $10.90 per unit. Prepare a contribution format income statement for the year.
Check my work 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 61,000 to 101,000 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 91,000 units during the year at a selling price of $10.90 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 ta variable cost and fixed cost to 2 decimal places.) 61,000 Units Produced and Sold 81,000 Units Produced and Sold 101,000 Units Produced and Sold Total costs: Variable costs $ 250,100 Fixed costs 470,000 Total costs $ 720,100 $ 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 61,000 to 101,000 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 91,000 units during the year at a selling price of $10.90 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 Assume that the company produces and sells 91,000 units during the year at a selling price of $10.90 per contribution format income statement for the year. Harris Company Contribution Format Income Statement Sales Variable expenses Contribution margin Fixed expense Net operating incomeStep by Step Solution
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