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2nd question Wave Runners is a boat rental business that has the following costs over the relevant range of 18,000 to 24,000 operating hours for

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Wave Runners is a boat rental business that has the following costs over the relevant range of 18,000 to 24,000 operating hours for its boats Required: 1. Complete the schedule of the company's total and unit costs. (Round "Cost per unit" answers to 2 decimal places.) 18,000 Operating Hours 20,000 22.000 24,000 $ Total costs Variable costs Fixed costs Total costs Cost per unit: Variable cost Fixed cost Total cost per hour 57,600 277,200 334,800 $ 2. Assume that Wave Runners rents it boots for $17 per hour and had 21,000 hours of rentals last year. Prepare a contribution format Income statement for the year

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