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13 Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 44,000 to 64,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Do not round intermediate calculations. Enter your "Cost per unit" answers rounded to 2 decimal places. Enter your answers rounded to the nearest whole dollar.) Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable costs Fixed costs Units Produced and Sold 54,000 44,000 11.40 $ 64,000 325,760

13 Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 44,000 to 64,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Do not round intermediate calculations. Enter your "Cost per unit" answers rounded to 2 decimal places. Enter your answers rounded to the nearest whole dollar.) Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable costs Fixed costs Units Produced and Sold 54,000 44,000 11.40 $ 64,000 325,760

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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13 Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 44,000 to 64,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Do not round intermediate calculations. Enter your "Cost per unit" answers rounded to 2 decimal places. Enter your answers rounded to the nearest whole dollar.) Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable costs Fixed costs Total cost per unit Units Produced and Sold 54,000 44,000 11.40 $ HARRIS COMPANY Contribution Margin Income Statement 64,000 325,760 2. Assume that the company produces and sells 59,000 units during a year at a selling price of $18.80 per unit. Prepare a contribution margin income statement for the year. (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar.)
Transcribed Image Text:13 Harris Company manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over the relevant range of 44,000 to 64,000 units produced and sold annually is given below: Required: 1. Complete the schedule of the company's total and unit costs. (Do not round intermediate calculations. Enter your "Cost per unit" answers rounded to 2 decimal places. Enter your answers rounded to the nearest whole dollar.) Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable costs Fixed costs Total cost per unit Units Produced and Sold 54,000 44,000 11.40 $ HARRIS COMPANY Contribution Margin Income Statement 64,000 325,760 2. Assume that the company produces and sells 59,000 units during a year at a selling price of $18.80 per unit. Prepare a contribution margin income statement for the year. (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar.)
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