Harris Company manufactures and sells a single product. A partially completed schedule of the company's total...
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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 of 67,000 to 107,000 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 97,000 units during the year at a selling price of $7.34 per unit. Prepare a contribution format income statement for the year. 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.) 67,000 Units Produced and 87,000 Units Produced and 107,000 Units Produced and Sold Sold Sold Total costs: Variable costs $ 147,400 Fixed costs 360,000 Total costs $ 507,400 Cost per unit: Variable cost Fixed cost Total cost per unit 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 67,000 to 107,000 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 97,000 units during the year at a selling price of $7.34 per unit. Prepare a contribution format income statement for the year. 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.) 67,000 Units Produced and 87,000 Units Produced and 107,000 Units Produced and Sold Sold Sold Total costs: Variable costs $ 147,400 Fixed costs 360,000 Total costs $ 507,400 Cost per unit: Variable cost Fixed cost Total cost per unit
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