Question
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
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 66000 to 106000 units is given below. Complete the schedule of the company s total cost and costs per unit as given in the relevant tab below. Assume that the company produces and sells 96000 units during the year at a selling price of 7.02 $ per unit . Prepare a contribution format income statement for the year.
Required: total costs, variable costs, fixed costs, total costs, cost per unit, variable cost, fixed cost, total cost per unit. Units produced and sold: 66000, 86000, 106000.
Complete the schedule of the company s total costs and costs per unit as given. Assume that the company produces and sells 96000 units during the year at a selling price of $ 7.02 per unit. Prepare a contribution format income statement for the year.
Complete the schedule of the company s total costs and costs per unit as given in the relevant tab below. Units produced and sold. 66000. 86000 106000 Total costs. Variable costs. Fixed costs. Total costs. Cost per unit. Variable cost. Fixed cost. Total cost per unit. Assume that the company produces and sells 96000 units during the year at a selling price of 7.02 per unit. Prepare a contribution format income statement for the year. Contribution Format Income Statement.
Required for Harris Company, Contribution Format Income Statement. Sales Variable expenses Contribution margin Fixed expense Net operating income.
Variable costs 151800 Fixed costs 320000 Total costs 471800
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