Question: Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 110,000 units of its product next year, which would generate total

Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co.

Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 110,000 units of its product next year, which would generate total sales of $8,360,000. Management predicts that pretax net income for next year will be $1,160,000 and that the contribution margin per unit will be $34. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units $ per unit 110,000 $ Contribution margin 34 0

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