Exercise $3-5$ Cost Behaviour; Contribution Format Income Statement $[$LO$1,$ LO$3]$

Wave Runners is a boat rental business that has the following costs over the relevant range of $18,000$ to $24,000$ operating hours for its boats:

Required:

Complete the schedule of the company's total and unit costs. $($Round "Cost per hour" answers to $2$ decimal places.$)$

$\backslash$table$[[,$Operating Hours$],[,,18,000,,20,000,,22,000,,24,000],[$Total costs:$],[$Variable costs,$$,79,200,,,,,,],[$Fixed costs,,$277,200,,,,,,],[$Total costs,$$,356,400,$$$,0,$$$,0,$$$,0],[$Cost per unit:$],[$Variable cost$],[$Fixed cost$],[$Total cost per hour,$$,0\mathrm{.}00,$$$,0\mathrm{.}00,$$$,0\mathrm{.}00,$$$,0\mathrm{.}00]]$