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 64,000 to 104,000 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
	64,000	84,000	104,000
Total costs:
Variable costs	$198,400	260,400	322,400
Fixed costs	480,000	630,000	780,000
Total costs	$678,400	$890,400	$1,102,400
Cost per unit:
Variable cost	3.10	3.10	3.10
Fixed cost
Total cost per unit	$3.10	$3.10	$3.10

2.

Assume that the company produces and sells 94,000 units during the year at a selling price of $9.81 per unit. Prepare a contribution format income statement for the year.

Harris Company
Contribution Format Income Statement