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Exercise 1-11 Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 50,000 to 90,000 units is given below Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 80,000 units during the year at a selling price of $10.49 per unit Prepare a contribution format income statement for the year Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. (Round the per unit variable cost and fixed cost to 2 decimal places.) Units Produced and sold 50,000 70,000 90,000 Total costs Variable cost $ Fored cost Total costs Cost per unit 160,000 440,000 600,000 $ Variable cost Fored cost Total cost per unit Required 2 > Exercise 1-11 Cost Behavior; Contribution Format Income Statement (L01-4. LO1-6) Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 50,000 to 90,000 units is given below. Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 80,000 units during the year at a selling price of $10.49 per unit. Prepare a contribution format Income statement for the year Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company produces and sells 80,000 units during the year at a selling price of $10.49 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement Required 1 The following cost data pertain to the operations of Quinones Department Stores, Inc. for the month of September Corporate headquarters building lease 504,500 Cosmetics Department sales commissions Northridge Store $ 5,740 Corporate legal office salaries $59,900 Store manager's salary. Northridge Store $11,700 Heating Northridge Store $16.500 Cosmetics Department cost of sales - Northridge Store $33,300 Central warehouse lease cost $6,500 Store security Northridge Store $15,800 Cosmetics Department manager's salary.orthridge Store 4,870 The Northage Store is just one of many stores owned and operated by the company The Come Department of many depar the Norge store the cent house serves of the company's stones What is the total amount of the costs listed above that are duect costs of the Cosmetics Department M Choice Oo oo A partial listing of costs incurred at Archut Corporation during September appears below Direct materials $113,000 Utilities, factory $ 5,000 Administrative salaries $ 81,000 Indirect labor $ 25,000 Sales commissions $ 48,000 Depreciation of production equipment $ 20,000 Depreciation of administrative equipment $ 30,000 Direct labor $129,000 Advertising $135,000 The total of the product costs listed above for September is: Multiple Choice $292,000 Oo oo $50.000 $586,000 Mccaskell Corporation's relevant range of activity is 7000 units to 11000 units. When it produces and sells 9.000 units its average costs per unit are as follows Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.30 $3.65 $1.75 $9.90 $2.25 $1.80 $1.00 $8.50 If 8,000 units are produced, the total amount of direct manufacturing cost incurred is closest to Multiple Choice 0 0 0 $87,600 0 $172.800