Lasalle manufactures and sells a single product. A partially completed schedule of the companys total and per-unit costs over the relevant range of 30,000 to 50,000 units produced and sold annually is given below:

Required: 1. Complete the schedule of the company's total and unit costs. (Round the "Cost per unit" answers to 2 decimal places.)

2. Assume that the company produces and sells 38,000 units during a year at a selling price of $16 per unit. Prepare a contribution margin income statement for the year.

Tecumseh Inc. manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows: Quantity Schedule Units to be accounted for:

Work in process, May 1

(60% materials, 75% conversion cost added last month) 23,000

Started into production 189,000

Total units 212,000

Costs in the beginning work-in-process inventory of the first processing department were materials, $4,600; and conversion cost, $16,000. Costs added during the month were materials, $68,000; and conversion cost, $395,580.

Required:

1. Assume that the company uses the weighted average cost method of accounting for units and costs.

Determine the equivalent units for the month for the first process. Compute the costs per equivalent unit for the month for the first process. (Note: Round your answers to 3 decimal places.)