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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 64,000 to 104,000 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 94,000 units during the year at a selling price of $8.70 per unit. And elaborate a contribution format income statement for the year.

Units Produced and Sold

64,000 84,000 104,000
Total Cost:
Variable Cost $ 211,200
Fixed Cost 370,000
Total Cost $ 581,200 $ $
Cost per unit:
Variable cost
Fixed cost
Total cost per unit $ $ $

Harris Company

Contribution Format Income Statement

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