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Can someone help me with this, please? And explain it thank you! Harris Company manufactures and sells a single product. A partially completed schedule of
Can someone help me with this, please? And explain it thank you!
Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 52,000 to 92,000 units is given below: Required: 1. Complete the above schedule of the company's total costs and costs per unit. 2. Assume that the company produces and sells 82,000 units during the year at a selling price of $10.16 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the above schedule of the company's total costs and costs per unit. (Round the per unit variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 52,000 72,000 92,000 Total costs: Variable costs Fixed costs 187,200 400,000 587,200 400,000 400,000 400,000 400,000 $ $ $ Total costs Cost per unit: Variable cost Fixed cost Total cost per unit $ 0.00 $ 0.00 $ 0.00 Required 1 Required 2 >Step by Step Solution
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