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A partially completed schedule of the company's total and per unit costs over a relevant range of 67,000 to 107,000 units produced and sold each
A partially completed schedule of the company's total and per unit costs over a relevant range of 67,000 to 107,000 units produced and sold each year 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.)
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2. | Assume that the company produces and sells 97,000 units during the year at the selling price of $8.74 per unit. Prepare a contribution format income statement for the year. |
Units Produced and Sold 67,000 87,000 107,000 Total costs: 187,600 430,000 617,600 S Variable costs Fixed costs Total costs 0 S 0 Cost per unit: Variable costs Fixed costs Total cost per unit S 0.00 S 0.00 S 0.00
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