Question: Exercise 1-11 Cost Behavior; Contribution Format Income Statement (L01-4, LO1-6] Harris Company manufactures and sells a single product. A partially completed schedule of the company's
Exercise 1-11 Cost Behavior; Contribution Format Income Statement (L01-4, 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 66,000 to 106,000 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 that the company produces and sells 96,000 units during the year at a selling price of $7.24 per unit. Prepare a contribution format income statement for the year. Skipped 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. (Round the per unit variable cost and fixed cost to 2 decimal places.) Units Produced and sold 66.000 86.000 106.000 Total costs: Variable cost s Flued cost 158.400 330.000 488,400 $ 0 Total costs Cost per unit Variable cost Fored cost Total cost per unit $ 0.00 $ 0.00 $ 0.00 ered Required 2 >
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