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Exercise D: Cost behavior; Income statement in contribution format (Value: 12 points) The company Sunset, Inc. manufactures and sells a unique product. The following table
Exercise D: Cost behavior; Income statement in contribution format (Value: 12 points) The company Sunset, Inc. manufactures and sells a unique product. The following table presents total and unit costs within a relevant level of 30,000 to 50.000 units produced and sold annually. Complete the information in the table. Units manufactured and sold 30,000 40.000 50.000 Total costs Fixed costs $ 75,000 Variable costs S 180,000 Total costs $ 255,000 Unit cost Unit Fixed Cost Unit variable cost Total unit cost Prepare an income statement in contribution format for a production level of 45,000 units a year sold at $ 3.25 each
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