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Exercise 1-11 (Algo) Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] Harris Company manufactures and sells a single product. A partially completed schedule of the
Exercise 1-11 (Algo) Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] 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 65,000 to 105,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 95,000 units during the year at a selling price of $8.69 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Assume that the company produces and sells 95,000 units during the year at a selling price of $8.69 per unit. Prepare a contribution format income statement for the year. Note: Round your intermediate calculations to 2 decimal places. Exercise 1-11 (Algo) Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] 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 65,000 to 105,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 95,000 units during the year at a selling price of $8.69 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Assume that the company produces and sells 95,000 units during the year at a selling price of $8.69 per unit. Prepare a contribution format income statement for the year. Note: Round your intermediate calculations to 2 decimal places
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