1. The following data pertains to Happy Minds Company which sells and manufactures a single product. A partially completed schedule of the company's total and per unit costs over the relevant range of 30,000 to 50,000 units produced and sold annually is given below:

30,000 40,000 50,000

Total Costs:

Variable Costs180,000 ? ?

Fixed Costs 300,000 ? ?__

Total Costs 480,000 ? ?

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Cost per unit

Variable Cost ? ? ?

Fixed Cost ? ? ?__

Total Cost per unit ? ? ?

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Required :

1. Complete the schedule of the company's total and unit cost above.
2. What is the relevance of the contribution margin per unit to the decision making of a manager.
3. If the company will produce 60,000 units, what will be the problems that will be encountered by the company.