Question: 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

Exercise 1-11 (Algo) Cost Behavior; ContributionExercise 1-11 (Algo) Cost Behavior; Contribution
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: 1. Complete the schedule of the company's total casts and costs per unit as given in the relevant tab below. 2. Assume the company produces and sells 97,000 units during the year at a selling price of $8.85 per unit. Prepare a contribution format income statement for the year. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume the company produces and sells 97,000 units during the year at a selling price of $8.85 per unit. Prepare a contribution format income statement for the year. Note: Round your intermediate calculations to 2 decimal places. @|s 858,450@ Variable expenses @| 2,037,000 Contribution margin @ | (1,178,550) & Fixed expense o 843,800 & Net operating income @ 022,350 @ Ce Cady 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: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume the company produces and sells 97,000 units during the year at a selling price of $8.85 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 ta ? decimal places. Total cost: Variable cost 241,200 313,200 370,000 370,000 $ 611,200) $ 663,200) $ 755,200 Fixed cost Total cost Cost per unit: Variable cost Fixed cost 7.06 Required 2 > Total cost per unit

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