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11 Cost Behavior Exercise 1- Contribution Format Income Statement [L01-4, LO1-6] costs per unit over the relevant range of 58,000 to 98,000 units is given
11 Cost Behavior Exercise 1- Contribution Format Income Statement [L01-4, LO1-6] costs per unit over the relevant range of 58,000 to 98,000 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 88,000 units during the year at a selling price of $9.37 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1Required 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.) Units Produced and Sold 58,000 78,000 98,000 Total costs: Variable cost 150,800 450,000 600,800 Fixed cost Total costs Cost per unit: Variable cost Fixed cost Total cost per unit Required 1Required 2 Assume that the company produces and sells 88,000 units during the year at a selling price of $9.37 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement
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