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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 S 138,000 Fixed costs 340,000 Total costs S 478,000S Cost per unit Variable cost Fixed cost Total cost per unit 0.00 S 0.00 S 0.00 2. Assume that the company produces and sells 90,000 units during the year at a selling price of $7.55 per unit. Prepare a contribution format income statement for the year Harris Company Contribution Format Income Statement
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