Prepare a contribution format income statement

Reference no: EM132212248

Question: 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 65,000 to 105,000 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.)

2. Assume that the company produces and sells 95,000 units during the year at a selling price of $9.45 per unit. Prepare a contribution format income statement for the year. (Do not round intermediate calculations.)

Reference no: EM132212248

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