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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

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 57,000 to 97,000 units is

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 87,000 units during the year at a selling price of $8.23 per unit. Prepare a contribution format income statement for the year.

given below:image text in transcribed

Assume that the company produces and sells 87,000 units during the year at a selling price of $8.23 per unit. Prepare a contribution format income statement for the year.

Harris Company
Contribution Format Income Statement
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 57,000 to 97,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 87,000 units during the year at a selling price of $8.23 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. (Round the per unit variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 57,000 77,000 97,000 Total costs: Variable costs $ 182,400 Fixed costs 310,000 492,400 $ Total costs $ 0 $ 0 Cost per unit: Variable cost Fixed cost Total cost per unit $ 0.00 $ 0.00 $ 0.00

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