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ED (2024) Inc. manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of

ED (2024) Inc. manufactures and sells a single product. A partially completed schedule of the company's 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:

  1. Complete the schedule as shown below for the company's total and unit costs.(10 marks) Hint: You can own table in the written response or make one and import it.
  2. Assume that the company produces and sells 35,000 units during a year at a selling price of $22.00 per unit.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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