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2 Wave Runners is a boat rental business that has the following costs over the relevant range of 13,000 to 19.000 operating hours for
2 Wave Runners is a boat rental business that has the following costs over the relevant range of 13,000 to 19.000 operating hours for its boats: Required: 1. Complete the schedule of the company's total and unit costs. (Round "Cost per hour" answers to 2 decimal places.) TS 13,000 Operating Hours 15,000 17,000 19,000 Skipped Total costs: Variable costs S 42,900 Fixed costs 1,007,760 Print Total costs $ 1,050,660 $ 0 $ 0 $ 0 Cost per unit: Variable cost Fixed cost Total cost per hour $ 0.00 $ 0.00 5 0.00 $ 0.00 2. Assume that Wave Runners rents it boats for $70 per hour and had 16,000 hours of rentals last year. Prepare a contribution format income statement for the year. 0 $ 0
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