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Harris Company manufactures and sells a single product. Required: 1. A partially completed schedule of the companys total and per unit costs over the relevant

Harris Company manufactures and sells a single product.

Required:

1. A partially completed schedule of the companys total and per unit costs over the relevant range of 66,000 to 106,000 units produced and sold annually is given below: Complete the schedule of the companys total and unit costs. Round the variable cost and fixed cost to 2 decimal places.)

Units Produced and Sold
66,000 86,000 106,000
Total costs:
Variable costs $250,800
Fixed costs 310,000
Total costs $560,800
Cost per unit:
Variable cost
Fixed cost
Total cost per unit

2. Assume that the company produces and sells 96,000 units during the year at a selling price of $8.40 per unit. Prepare a contribution format income statement for the year. (Do not round intermediate calculations.)

Harris Company
Contribution Format Income Statement

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