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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
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 to units is given below:
Required:
Complete the schedule of the companys total costs and costs per unit as given in the relevant tab below.
Assume the company produces and sells units during the year at a selling price of $ per unit. Prepare a contribution format income statement for the year.
Units Produced and Sold
Total cost:
Variable cost $
Fixed cost
Total cost $
Cost per unit:
Variable cost
Fixed cost
Total cost per unit
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