Algonquin Ltd. manufactures and sells only one product. Below find a partially completed schedule of the companys total and per unit costs over a relevant range of 30,000 to 50,000 units produced and sold annually.

Units Produced and Sold	30,000	40,000	50,000
Total Costs:
Variable costs	$180,000	?	?
Fixed costs	300,000	?	?
Total Costs	$480,000	?	?
Cost per unit:
Variable cost	?	?	?
Fixed cost	?	?	?
Total Cost per Unit	?	?	?

a) In the table above, complete the schedule of Algonquins total and unit costs by replacing the ? With the appropriate amounts.

b) In the space below Prepare a contribution margin income statement for the year assuming that Algonquin produces and sells 45,000 units during the year at a selling price of $16 per unit.