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 $9.57 per unit. Prepare a contribution format income statement for the year.

68,000 Units Produced and Sold 88,000 Units Produced and Sold 108,000 Units Produced and Sold Total costs: Variable costs $ 258,400 Fixed costs 420,000 Total costs $ 678,400 Cost per unit: Variable cost Fixed cost Total cost per unit Harris Company Contribution Format Income Statement