Question
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 company's total costs and costs per unit over the relevant range of 53,000 to 93,000 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 83,000 units during the year at a selling price of $9.19 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 I variable cost and fixed cost to 2 decimal places.) Units Produced and Sold. 53,000 73,000 93,000 Total costs. Variable costs $ 180,200 Fixed costs 350,000 Total costs $ 530,200 $ 0 $ 0 Cost per unit Variable cost Fixed cost Total cost per unit S 0.00 $ 0.00 $ 0.00
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