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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

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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 of 67,000 to 107,000 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 97,000 units during the year at a selling price of $8.39 per unit. Prepare a contribution format income statement for the year.

Units Produced and Sold 67,000 87,000 107,000 241,200 330,000 571,200 $ $ 0 $ Total costs: Variable cost Fixed cost Total costs Cost per unit: Variable cost Fixed cost Total cost per unit $ 0.00 $ 0.00 $ 0.00

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