Lasalle manufactures and sells a single product. A partially completed schedule of the company's total and...
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Lasalle manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 30,000 to 50,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Round the "Cost per unit" answers to 2 decimal places.) Units Produced and Sold 30,000 40,000 50,000 Total costs: Variable costs $ 300,000 Fixed costs Total costs Cost per unit: Variable costs Fixed costs 10.00 Total cost per unit 2. Assume that the company produces and sells 38,000 units during a year at a selling price of $16 per unit. Prepare a contribution margin income statement for the year. HARRIS COMPANY Contribution Margin Income Statement Lasalle manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 30,000 to 50,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Round the "Cost per unit" answers to 2 decimal places.) Units Produced and Sold 30,000 40,000 50,000 Total costs: Variable costs $ 300,000 Fixed costs Total costs Cost per unit: Variable costs Fixed costs 10.00 Total cost per unit 2. Assume that the company produces and sells 38,000 units during a year at a selling price of $16 per unit. Prepare a contribution margin income statement for the year. HARRIS COMPANY Contribution Margin Income Statement
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Schedule of companys total and unit cost Units produced and sold 30000 40000 500... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
Posted Date:
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