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Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 32,000
Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 32,000 to 52,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Round the "Cost per unit" answers to 2 decimal places.) Units Produced and Sold 32,000 42,000 52,000 $ 198,400 326,400 524,800 $ Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable costs Fixed costs Total cost per unit 2. Assume that the company produces and sells 47,000 units during a year at a selling price of $16.40 per unit. Prepare a contribution margin income statement for the year. HARRIS COMPANY Income Statement For the Year Ended
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