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 companys 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 companys 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 $7.11 per unit. Prepare a contribution format income statement for the year.

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. Assume the company produces and sells 97,000 units during the year at a selling price of $7.11 per unit. Prepare a contribution format income statement for the year. Note: Round your intermediate calculations to 2 decimal places