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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 58,000 to 98,000 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
58,000 78,000 98,000
Total costs:
Variable costs $214,600
Fixed costs 450,000
Total costs $664,600 $0 $0
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 88,000 units during the year at a selling price of $10.47 per unit. Prepare a contribution format income statement for the year. (Do not round intermediate calculations.)

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