Question: Exercise 1 - 1 1 ( Algo ) Cost Behavior; Contribution Format Income Statement [ LO 1 - 4 , LO 1 - 6 ]

Exercise 1-11(Algo) Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6]
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 67,000 to 107,000 units is given below:
Required:
Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below.
Assume the company produces and sells 97,000 units during the year at a selling price of $8.83 per unit. Prepare a contribution format income statement for the year.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below.
Note: Round the per unit variable cost and fixed cost to 2 decimal places.
\table[[,Units Produced and Sold],[,67,000,87,000,107,000],[Total cost:],[Variable cost,$,147,400,,,,],[Fixed cost,,490,000,,,,],[Total cost,$,637,400,$,0,$,0],[Cost per unit:],[Variable cost],[Fixed cost],[Total cost per unit,$,0.00,$,0.00,$,0.00]]
 Exercise 1-11(Algo) Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] Harris

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