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Business, 10.09.2019 03:10 nisslove

Harris company manufactures and sells a single product. a partially completed schedule of company's total and per unit costs over relevant range of $30,000- 50,000 units produced and sold eventually is given:
units produced/sold=30,000
total costs
variable $180,000
fixed ,000
total $480,000
cost per unit:
variable
fixed
total cost per
units produced/sold=40,000
total costs
variable
fixed
total
cost per unit:
variable
fixed
total cost per
units produced/sold=50,000
total costs
variable
fixed
total
cost per unit:
variable
fixed
total cost per
required:
1. complete schedule of company's total and unit costs above.
2. assume company produces and sells 45,000 units during the year at a selling price of $16 per unit. prepare contribution formal income statement for the year.

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