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Harrison Co. expects to sell 290,000 units of its product next year, which would generate total sales of $27,260,000. Management predicts that pretax net income
Harrison Co. expects to sell 290,000 units of its product next year, which would generate total sales of $27,260,000. Management predicts that pretax net income for next year will be $1,340,000 and that the contribution margin per unit will be $16. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. $ 27,260,000 Less: Forecasted Contribution Margin Income Statement Units $ per unit Sales 290,000 $ 94 Variable costs 290,000 Contribution margin | $ 16 Fixed costs Income before taxes 27,260,000 Less
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