Required 1 A partially completed schedule of the companys to

Required 1. A partially completed schedule of the company\'s total and per unit costs over the relevant range of 61,000 to 101,000 units produced and sold annually is given below: Complete the schedule of the company\'s total and unit costs. (Round the variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 61,000 81,000 101,000 Total costs $ 250,100 410,000 $660,100 Variable costs Fixed costs Total costs Cost per unit: Variable cost Fixed cost Total cost per unit 2. Assume that the company produces and sells 91,000 units during the year at a selling price of $10.16 per unit. Prepare a contribution format income statement for the year Harris Company Contribution Format Income Statement

Solution

1) Schedule :

2) Contribution format income statement :

Unit produced and sold
61000 81000 101000
Total costs
Variable cost 250100 332100 414100
Fixed cost 410000 410000 410000
Total cost 660100 742100 824100
Cost per unit
Variable cost 4.10 4.10 4.10
Fixed cost 6.72 5.06 4.06
Total cost per unit 10.82 9.16 8.16
 Required 1. A partially completed schedule of the company\'s total and per unit costs over the relevant range of 61,000 to 101,000 units produced and sold annu

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