EXERCISE 3-5 Cost Behaviour; Contribution Format Income Statement |LO1, LO3] Parker Company manufactures and sells a single product. A partially completed schedule of the company's total and per unit costs over a relevant range of 60,000 to 100,000 units pro- duced and sold each year is given below: Units Produced and Sold 60,000 80,000 100,000 Total costs: Variable costs. $150,000 Fixed costs 360,000 Total costs. $510,000 Cost per unit Variable cost.. ? Fixed cost Total cost per hour.. aaa aaa ? aaaaaa ? ? Required: 1. Complete the schedule of the company's total and unit costs above. 2. Assume that the company produces and sells 90,000 units during the year at a selling price of $7.50 per unit. Prepare a contribution format income statement for the year.