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Harris Company manufactures and sells a single product. Required 1. A partially completed schedule of the company's total and per unit costs over the relevant
Harris Company manufactures and sells a single product. Required 1. A partially completed schedule of the company's total and per unit costs over the relevant range of 69,000 to 109,000 units produced and sold annually is given below: Complete the schedule of the company's total and unit costs. Round the variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 69,000 89,000 109,000 Total costs $ 207,000 390,000 327,000 390,000 $597,000$ 657,000$717,000 267,000 390,000 Variable costs Fixed costs Total costs Cost per unit: 3.00 5.65 8.65 $ 3.00 4.38 7.38 3.00 3.30 6.30 Variable cost Fixed cost Total cost per unit 2. Assume that the company produces and sells 99,000 units during the year at a selling price of $8.38 per unit. Prepare a contribution format income statement for the year. (Do not round intermediate calculations.) Harris Company Contribution Format Income Statement Sales riable expenses Contribution margin Fixed expense et operating income
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