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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 64,000 to 104,000 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 94,000 units during the year at a selling price of $9.60 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 2 Required 1 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 64,000 84,000 104,000 Total costs: $ Variable costs 230,400 Fixed costs 420,000 650,400 Total costs Cost per unit: Variable cost Fixed cost Total cost per unit Required 1 Required 2 selling price of $9.60 per unit. Prepare a Assume that the company produces and sells 94,000 units during the year at a contribution format income statement for the year. Harris Company Contribution Format Income Statement
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