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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 60,000 to 100,000 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 60,000 80,000 100,000 Total costs: Variable costs Fixed costs EA 210.000 480,000 690.000 Total costs $ Cost per unit Variable cost Fixed cost Total cost per unit 2. Assume that the company produces and sells 90,000 units during the year at a selling price of $10.50 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement
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