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Harris Company manufactures and sells a single product. A partially completed schedule ofthe com pany's total and per-unit costs overthe relevant range of 50,000 to
Harris Company manufactures and sells a single product. A partially completed schedule ofthe com pany's total and per-unit costs overthe relevant range of 50,000 to 70,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Do not round intermediate calculations. Enter your "Cost per unitll answers rounded to 2 decimal places. Enter your answers rounded to the nearest 'whole dollar.) Total costs: 1Variable costs Fixed costs Total costs Cost per unit: 1Variable costs Fixed costs Total cost per unit 2. Assume that the company produces and sells 65,000 units during a year at a selling price of $20.00 per unit. Prepare a contribution margin income statement for the year. (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar.) HARRIS COMPANY Contribution Margin Income Statement
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