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2. Assume that the company produces and sells 100,000 units during the year at a selling price of $7.88 per unit. Prepare a contribution format
2. Assume that the company produces and sells 100,000 units during the year at a selling price of $7.88 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 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.) Total cost Variable cost Fixed cost Total cost Cost per unit: Required 2 Variable cost Fixed cost Total cost per unit 70,000 Units Produced and Sold $ $ 217,000 340,000 557,000 90,000 Units Produced and Sold 110,000 Units Produced and Sold
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