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Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 30,000

Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 30,000 to 50,000 units produced and sold annually is given below:

1 The companys variable cost per unit would be:
Units produced and sold
30,000 40,000 50,000
Total costs:
Variable costs ? ? $300,000
Fixed costs ? ?
Total costs ? ? ?
Cost per unit:
Variable cost ? ? ?
Fixed cost 10.00 ? ?
Total cost per unit ? ? ?

Required:

1. Complete the schedule of the company's total and unit costs.

2. Assume that the company produces and sells 38,000 units during a year at a selling price of $16 per unit. Prepare a contribution margin income statement for the year.

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