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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
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 Variable costs S 75,000 $ 180,000 S 255,000 Total costs 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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