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ED ( 2 0 2 4 ) Inc. manufactures and sells a single product. A partially completed schedule of the company s total and per

ED (2024) Inc. manufactures and sells a single product. A partially completed schedule of the companys total and per-unit costs over the relevant range of 30,000 to 50,000 units produced and sold annually is provided below:
Units:
30,000
40,000
50,000
Variable Costs
?
?
$500,000
Fixed Costs
?
?
?
Total Costs
?
?
?
Variable Costs
?
?
?
Fixed Costs
$15.00
?
?
Total Cost per unit
?
?
?
Required:
Complete the schedule as shown below for the companys total and unit costs.(10 marks) Hint: You can create your own table in the written response or make one and import it.
Assume that the company produces and sells 35,000 units during a year at a selling price of $22.00 per unit. Prepare a contribution margin income statement for the year. (6 marks)
Units:
30,000
40,000
50,000
Variable Costs
$500,000
Fixed Costs
Total Costs
Variable Costs
Fixed Costs
$15.00
Total Cost per unit

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