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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
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.)
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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.
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