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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 65,000 to 105,000 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 65,000 85,000 105,000 247,000 480,000 727,000 $ $ 0 $ Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable cost Fixed cost Total cost per unit $ 0.00 $ 0.00 $ 0.00 2. Assume that the company produces and sells 95,000 units during the year at a selling price of $10.45 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement
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