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Exercise 6-7 Understanding Cost Behaviour and Contribution Margin Income Statement (LO1 - CC1, 3; LO3 - CC12) Harris Company manufactures and sells a single product.
Exercise 6-7 Understanding Cost Behaviour and Contribution Margin Income Statement (LO1 - CC1, 3; LO3 - CC12) Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 41,000 to 61,000 units produced and sold annually is given below: Required 1. Complete the schedule of the company's total and unit costs. (Round the "Cost per unit" answers to 2 decimal places.) Units Produced and Sold 41,000 51,000 61,000 Total costs: Fixed costs Total costs Cost per unit: Variable costs 291,100 455,100 S 746,200 Variable costs Fixed costs Total cost per unit
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