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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 57,000 to 97,000 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. (Round the per unit variable cost and fixed cost to 2 decimal places.)

2. Assume that the company produces and sells 87,000 units during the year at a selling price of $9.84 per unit. Prepare a contribution format income statement for the year.

Units Produced and Sold
57,000 77,000 97,000
Total costs:
Variable costs $222,300
Fixed costs 380,000
Total costs $602,300 $0 $0
Cost per unit:
Variable cost
Fixed cost
Total cost per unit $0.00 $0.00 $0.00

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