Harris Company manufactures and sells a single product. Required: 1. A partially completed schedule of...
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Accounting
Harris Company manufactures and sells a single product. Required: 1. A partially completed schedule of the company's total and per unit costs over the relevant range of 52,000 to 92,000 units produced and sold annually is given below: Complete the schedule of the company's total and unit costs. (Round the variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 52,000 72,000 92,000 $ Total costs Variable costs Fixed costs Total costs Cost per unit: Variable cost Fixed cost 135,200 400,000 535,200 $ $ 0 $ 0 Total cost per unit S 0.00 $ 0.00 $ 0.00 2. Assume that the company produces and sells 82,000 units during the year at a selling price of $9.16 per unit. Prepare a contribution format income statement for the year. Harris Company Contribution Format Income Statement
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