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Hams 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 45,000

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Hams 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 45,000 to 65,000 units produced and sold annually is given below. Required: 1. Complete the schedule of the company's total and unit costs. (Do not round Intermedlate calculations. Enter your "Cost per unit" answers rounded to 2 decimal places. Enter your answers rounded to the nearest whole dollar.) 2. Assume that the company produces and sells 60,000 units during a year at a sellng price of $1900 per unit. Prepare a contribution margin income statement for the year. (Do not round intermediate cakculatlons. Enter your answers rounded to the nearest whole ciollar.) Morrisey \& Brown, Ltd. of Sydney. Australla, is a merchandising firm that is the sole distributor of a product that is increasing in popularity among Australlan consumers. The company's income statements for the three most recent months follow: (Note Momisey \& Brown, Ltd.s Australian-formatted income statement has been recast into the format common in Canada. The Australlan dollar is denoted by AS.) Required: 1. Identify each of the company's expenses (including cost of goods sold) as being variable, fixed, or mixed: 2-a. Using the high-low method, separate each mixed expense into variable and fixed elements. 2-b. Using the high-low method, state the cost formula for each mixed expense. 3. Redo the company's income statement at the 5.840-unit level of activity using the contribution format: 4. Assume that the company's sales are projected to be 4.850 units in the next quarter Prepare a contribution margin income statement: 4. Assume that the company's sales are projected to be 4.850 units in the next quarter. Prepare a contribution margin income statement

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