Harris Co. manufactures and sells a product. A partially completed schedule of the company’s total and per unit costs over the relevant range of 30000 to 50000 units produced and sold annually is given below:

Units Produced & Sold 30,000 40000 50000
Total costs:
Variable costs………..$180000 ? ?
Fixed Costs………….$30000 ? ?
Total costs…………$480000 ? ?
Cost per unit:
Variable cost………..? ? ?
Fixed cost………….? ? ?
Total cost per unit….? ? ?
Complete the schedule of the company’s total and unit costs above.
Assume that the company produces and sells 45000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year.

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Complete the schedule of the company’s total and unit costs above.
Assume that the company produces and sells 45000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year. Remember, in the relevant range, total fixed costs remain the same, but decrease per unit as activity increases, and vice versa. In the relevant range, total variable costs increase as activity increases, but remain constant on a per unit basis.
I have attached a spreadsheet.
                                                     

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