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

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 30,000 to 50,000 units is given below: Required : 1. Complete the above schedule of the company’s total costs and costs per unit. 2. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year. Transcribed Image Text: Units Produced and Sold
30,000
40,000
50,000
Total costs:
Variable cost
$180,000
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?

Fixed cost…
300,000
?
Total cost
$480,000
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?
Costs per unit:
Variable cost
?
?
Fixed cost….
Total cost per unit
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?
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