Wave Runners is a boat rental business that has the following costs over the relevant range of 12,000 to 18,000 operating hours for its boats: Required: 1. Complete the schedule of the company's total and unit costs. (Round "Cost per hour answers to 2 decimal places.) Operating Hours 14,000 16,000 12,000 18,000 Total costs $ Variable costs Fixed costs Total costs Cost per unit Variable cost 54.000 504 000 558.000 $ S 0S 0S 0 Food cost 0.00 50 .00 50 .00 5 000 Total cost per hour o nform 2 Assume that wave Runners Tents it boats for $40 per hour and had 15.000 hours of rentals last var en c Income statement for the year Cost per unit: Variable cost Fixed cost Total cost per hour 0.00 $ 0.00 $ 0.00 $ 0.00 2. Assume that Wave Runners rents it boats for $40 per hour and had 15.000 hours of rentals last year. Prepare a contribution format income statement for the year.