Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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 64,000 to 104,000 units is given below.
1. complete the schedule of the companys total costs and costs per unit
2. assume that the company produces and sells 94,000 units during the yesr at a selling price od $8.57 per unit. prepare a contribution format income statement for the year
image text in transcribed
ent Saved Harris Company manufactures and sells a single product. A partially completed sche unit over the relevant range of 64,000 to 104,000 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 94,000 units during the year at a selling price of $8.57 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 64,000 84.000 104.000 $ 217,600 350,000 567,600 $ Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable cost Fixed cost Total cost per unit T V s 3.40 Required 2 >

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing At The Speed Of Risk With An Agile Continuous Audit Plan

Authors: Norman Marks

1st Edition

B09PMBSWSC, 979-8787044393

More Books

Students also viewed these Accounting questions