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 68,000 to 108,000 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 98,000 units during the year at a selling price of $8.19 per unit. Prepare a contribution format income statement for the year. Required 1 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 68,000 88,000 108,000 Total costs: Variable costs $156,400 _________. _____________ Fixed costs 430,000 ___________ _____________ Total costs 586,400 $0 $0

Cost per unit:

Variable Cost _____________ _____________ _________________

Fixed Cost ______________ ______________ _________________

Total Cost Per Unit __________________ ______________ _________________.

Required 2:

Assume that the company produces and sells 98,000 units during the year at a selling price of $8.19 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement Sales __________________ Variable expenses __________________ Contribution margin __________________ Fixed expense __________________ Net operating income ___________________