Assume that the company produces and sells 96,000 units during the year at a selling...
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Accounting
Assume that the company produces and sells 96,000 units during the year at a selling price of $10.11 per unit. Prepare a contribution format income statement for the year.
Harris Company
Contribution Format Income Statement
Complete the schedule of the companys total costs and costs per unit as given in the relevant tab below. (Round the per unit variable cost and fixed cost to 2 decimal places.
Units Produced and Sold
66,000
86,000
106,000
Total costs:
Variable costs
$217,800
Fixed costs
500,000
Total costs
$717,800
$0
$0
Cost per unit:
Variable cost
Fixed cost
Total cost per unit
$0.00
$0.00
$0.00
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