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Parker Company manufactures and sells a single product. A partially completed schedule of the company's total and per unit costs over a relevant range of
Parker Company manufactures and sells a single product. A partially completed schedule of the company's total and per unit costs over a relevant range of 62,000 to 105,000 units produced and sold each year is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Round "Cost per unit" answers to 2 decimal places.) Units Produced and Sold 62,000 84,000 105,000 Total costs: Variable costs $ Fixed costs 161,200 390,600 551,800 $ Total costs $ 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 92,000 units during the year at a selling price of $8.20 per unit. Prepare a contribution format income statement for the year. 0 $ 0
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