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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 67,000 to 107,000 units is given below:

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 97,000 units during the year at a selling price of $8.56 per unit. Prepare a contribution format income statement for the year.

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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 of 67,000 to 107,000 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 97,000 units during the year at a selling price of $8.56 per unit. Prepare a contribution format income statement for the year. X Answer is not complete. 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 variable cost and fixed cost to 2 decimal places.) 67,000 Units Produced and Sold 87,000 Units Produced and Sold 107,000 Units Produced and Sold Total costs: Variable costs $ 268,000 250,000 X 308,000 X 310,000 Fixed costs 310,000 310,000 578,000 Total costs $ $ 618,000 $ 560,000 Cost per unit: Variable cost 4.00 4.00 0.40 X Fixed cost 4.63 4.10 X 8.10 $ 2.70 X 3.10 Total cost per unit $ 8.63 $ 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 67,000 to 107,000 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 97,000 units during the year at a selling price of $8.56 per unit. Prepare a contribution format income statement for the year. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company produces and sells 97,000 units during the year at a selling price of $8.56 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement Sales Variable expenses Contribution margin Fixed expense 310,000 Net operating income

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