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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 66,000 to 106,000 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.

Complete the schedule of the companys 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
66,000 86,000 106,000
Total costs:
Variable costs $250,800
Fixed costs 380,000
Total costs $630,800
Cost per unit:
Variable cost
Fixed cost
Total cost per unit

2. Assume that the company produces and sells 96,000 units during the year at a selling price of $9.22 per unit. Prepare a contribution format income statement for the year.

Assume that the company produces and sells 96,000 units during the year at a selling price of $9.22 per unit. Prepare a contribution format income statement for the year.

Harris Company
Contribution Format Income Statement

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