Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per
uniit over the relevant range of 58,000 to 98,000 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 88,000 units during the year at a selling price of $9.23 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
58,000
78,000
98,000
Total costs:
Variable cost
$
232,000
Fixed cost
330,000
Total costs
$
562,000 $
0 $
0
Cost per unit:
Variable cost
Fixed cost
Total cost per unit
$
0.00 $
0.00 $
0.00
Required 2 >
