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Accountting questions Harris Company manufactures and sells a single product. Required: 1. A partially completed schedule of the company's total and per unit costs over
Accountting questions
Harris Company manufactures and sells a single product. Required: 1. A partially completed schedule of the company's total and per unit costs over the relevant range of 65,000 to 105,000 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 and Sold 65,000 85,000 105,000 Total costs: 227 500 Variable costs 380,000 Fixed costs S 607,500 0 0 Total costs Cost per unit. Variable cost Fixed cost S 0.00 0.00 Total cost per unit 0.00 2. Assume that the company produces and sells 95,000 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 StatementStep by Step Solution
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