Harris Company manufactures and sells a single product. A partially completed schedule of the companys total and per-unit costs over the relevant range of 40,000 to 60,000 units produced and sold annually is given below:

Required:

1.	Complete the schedule of the company's total and unit costs. (Round the "Cost per unit" answers to 2 decimal places.)
	Units Produced and Sold 40,000 50,000 60,000 Total Cost Variable Cost 280,000 Fixed Cost 440,000 Total Costs 720,000 Cost Per Unit: Variable Cost Fixed Cost Total Cost Per Unit

2.	Assume that the company produces and sells 55,000 units during a year at a selling price of $18.00 per unit. Prepare a contribution margin income statement for the year.