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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 58,000 to 98,000 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.
  2. Assume the company produces and sells 88,000 units during the year at a selling price of $8.82 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 companys total costs and costs per unit as given in the relevant tab below.

Note: Round the per unit variable cost and fixed cost to 2 decimal places.

Units Produced and Sold 58,00078,00098,000Total cost: Variable cost$185,600 Fixed cost360,000360,000360,000Total cost$545,600$360,000$360,000Cost per unit: Variable cost Fixed cost Total cost per unit

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