Harris Company manufactures and sells a single product.

1.

A partially completed schedule of the company’s total and per unit costs over the relevant range of 53,000 to 93,000 units produced and sold annually is given below: Complete the schedule of the company’s total and unit costs. (Round the variable cost and fixed cost to 2 decimal places.)

	Units	Produced &	Sold
	53000	73000	93000
Total Costs
Variable Costs	$153700	?	?
Fixed Costs	370000	?	?
Total Costs	$523700	?	?
Cost per Unit
Variable Cost	?	?	?
Fixed Cost	?	?	?
Total Unit per Cost	?	?	?

2.

Assume that the company produces and sells 83,000 units during the year at a selling price of $8.97 per unit. Prepare a contribution format income statement for the year.

Harris	Company
Contribution Format	Income Statement
Sales	?
Variable Expenses	?
Contribution Margin	?
Fixed Expense	?
Net Operating Income	?