Harris Company manufactures and sells a single product A par

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 68,000 to 108,000 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 98,000 units during the year at a selling price of $7.80 per unit. Prepare a contribution format income statement for the year Complete this question by entering your answers in the tabs below Required Required 2 Complete the schedule of the company\'s total costs and costs per unit as given in the relevant tab below. (Round the per unit variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 68,000 88,000 108,000 Total costs 176,800 370,000 546,800$ Variable costs Fixed costs Total costs Cost per unit: Variable cost Fixed cost Total cost per unit 0.00 0.00 S 0.00

Solution

At 98000 units

Sales 98000×$7.80=$764400

Variable Cost 98000×$2.6=$254800

Contribution(sales- variable cost)

=$509600

Contribution per unit=$5.2/-

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	68000	88000	108000
Total Costs:
Variable	176800	228800	280800
Fixed	370000	370000	370000
Total Costs	546800	598800	650800
Cost per unit:
Variable	2.6	2.6	2.6
Fixed	5.44	4.20	3.43
Cost per unit	8.04	6.8	6.03