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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 61,000 to 101,000 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.

2. Assume that the company produces and sells 91,000 units during the year at a selling price of $8.74 per unit. Prepare a contribution format income statement for the year.

  • Required 1
  • Required 2

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.)

Units Produced and Sold
61,000 81,000 101,000
Total costs:
Variable costs $201,300
Fixed costs 360,000 360,000 360,000
Total costs $561,300 $360,000 $360,000
Cost per unit:
Variable cost
Fixed cost
Total cost per unit

Harris Company
Contribution Format Income Statement

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