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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 59,000 to 99,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2 Assume that the company produces and sells 89.000 units during the year at a selling price of $7.58 per unit. Prepare a contribution format income statement for the year. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the schedule of the company's 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.) Units Produced and Sold 79,000 59,000 99,000 Total costs: s 141,600 Variable costs Fixed costs Total costs 189,600 441.887 X 831,467 S 237,600 553.729 X 330,000 471,600 s $ 791,329 Cost per unit: Variable cost 3.90 % 3.90 X 5.25 X Fixed cost Total cost per unit 3.90 X 3.92 x 7.82 S 3.13 X 7.03 9.15 $ Required Required 2 > Required 1 Required 2 Assume that the company produces and sells 89,000 units during the year at a selling price of $7.58 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement
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