Quiz chapter 6

Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 40,000 to 60,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Do not round intermediate calculations. Enter your "Cost per unit" nces answers rounded to 2 decimal places. Enter your answers rounded to the nearest whole dollar.) Units Produced and Sold 40,000 50,000 60,000 Total costs Variable costs 280,200 Fixed costs Total costs Cost per unit Variable costs Fixed costs 11.00 Total cost per unit 2. Assume that the company produces and sells 55,000 units during a year at a selling price of $18.00 per unit. Prepare a contribution margin income statement for the year. (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar.)