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(A) A Company manufactures and sells a single product. A partially completed schedule of the company's total and per unit costs over the relevant range
(A) A Company manufactures and sells a single product. A partially completed schedule of the company's total and per unit costs over the relevant range of 30,000 to 50,000 units produced and sold annually is given below: Units produced and sold Total costs: 30,000 40,000 50,000 Variable costs $180,000 ? Fixed costs 300,000 2 2 Total costs $480,000 2 2 Cost per unit: Variable costs 7 7 7 Fixed costs 2 2 2 Total cost per unit 2 2 2 Required: Fill in the missing amounts in the above table. Page 1 of 2 (B) UAE Corporation, a merchandising company, reported the following results for January Number of units sold... Selling price per unit.. Unit cost of goods sold.. Variable selling expense per unit... 5,800 units $ 892 $517 $31 $ 152,600 $48 $ 390,2001 Total fixed selling expense.. Variable administrative expense per unit.. Total fixed administrative expense.. Cost of goods sold is a variable cost in this company. Required Prepare a contribution format income statement for January
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