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Exercise 1-11(Algo) Cost Behavior; Contribution Format Income Statement [LO1-4, L01-6] Harris Company manufactures...

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Accounting

Exercise 1-11(Algo) Cost Behavior; Contribution Format Income Statement [LO1-4, L01-6]
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 52,000 to 92,000 units is given below:
Required:
Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below.
Assume that the company produces and sells 82,000 units during the year at a selling price of $9.12 per unit. Prepare a contribution format income statement for the year.
Complete this question by entering your answers in the tabs below.
Required 1
Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below variable cost and fixed cost to 2 decimal places.)
\table[[,\table[[52,000 Units],[Produced and],[Sold]],\table[[72,000 Units],[Produced and],[Sold]],\table[[92,000 Units],[Produced and],[Sold]]],[Total cost:],[Variable cost,176,800,,],[Fixed cost,340,000,,],[Total cost,516,800,,],[Cost per unit:],[Variable cost],[Fixed cost],[Total cost per unit,,,]]
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