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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
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 65,000 to 105,000 units is given below: Required: 1. Complete the above schedule of the company's total costs and costs per unit. 2. Assume that the company produces and sells 95,000 units during the year at a selling price of $8.52 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 above schedule of the company's total costs and costs per unit. (Round the per unit variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 85,000 105,000 65,000 Total costs: Variable costs 175,500 Fixed costs 410,000 Total costs 585,500 Cost per unit: Variable cost Fixed cost Total cost per unit
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