Chapter 16 - Homework 1 - Algorithmic 6 Saved 2 Exercise 1-11 (Algo) Cost Behavior; Contribution Format Income Statement (LO1-4, LO1-6) 40 points 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 60,000 to 100,000 units is given below: Skipped 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 90,000 units during the year at a selling price of $7.48 per unit. Prepare a contribution format income statement for the year. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Print 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.) Rece References Units Produced and Sold 60,000 80,000 100,000 Total costs: Variable costs $ 156,000 Fixed costs 310,000 466,000 $ $ 0 $ 0 Total costs Cost per unit: Variable cost Fixed cost Total cost per unit $ 0.00 $ 0.00 $ 0.00 Required 1 Required 2 > Required 1 Required 2 Assume that the company produces and sells 90,000 units during the year at a selling price of $7.48 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement Sales Variable expenses Contribution margin Fixed expense Net operating income