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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
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 68,000 to 108,000 units is given below: Required: 1. Complete the above schedule of the company's total costs and costs per unit. 2. Assume that the company produces and sells 98,000 units during the year at a selling price of $8.79 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Deauired 1 eauieod - Complete the above schedule of the company's total costs and costs per unit. (R to 2 decimal places.) Units Produced and Sold 68,000 88,000 108,000 Total costs Variable costs 251,600 360,000 Fixed costs 360,000 360,000 $ 611,600 360,000 360,000 Total costs Cost per unit: Variable cost Fixed cost Total cost per unit $ $ 0.00 0.00 0.00 Assume that the company produces and sells 98,000 u contribution format income statement for the year. Harris Company Contribution Format Income Statement Sales
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