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Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 250,000 units of its product next year, which would generate total
Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 250,000 units of its product next year, which would generate total sales of $22,500,000. Management predicts that pretax net income for next year will be $1,300,000 and that the contribution margin per unit will be $20. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units per unit 250,000 Contribution margin $ 20 0
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