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Harris Company manufactures and sells a single product. A partially completed schedule of the companys total costs and costs per unit over the relevant range

Harris Company manufactures and sells a single product. A partially completed schedule of the companys total costs and costs per unit over the relevant range of 52,000 to 92,000 units is given below:

Required:

1. Complete the schedule of the companys total costs and costs per unit as given in the relevant tab below.

2. Assume that the company produces and sells 82,000 units during the year at a selling price of $9.89 per unit. Prepare a contribution format income statement for the year.

Units Produced and Sold
52,000 72,000 92,000
Total costs:
Variable costs $130,000
Fixed costs 460,000 460,000 460,000
Total costs $590,000 $460,000 $460,000
Cost per unit:
Variable cost
Fixed cost
Total cost per unit

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