Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 57,000 to 97,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 87,000 units during the year at a selling price of $9.27 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company produces and sells 87,000 units during the year at a selling price of $9.27 per unit. Prepare a contribution format income statement for the year. al place

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per
unit over the relevant range of 57,000 to 97,000 units is given below:
Required:
1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below.
2. Assume that the company produces and sells 87,000 units during the year at a selling price of $9.27 per unit. Prepare a contribution
format income statement for the year.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Assume that the company produces and sells 87,000 units during the year at a selling price of $9.27 per unit. Prepare a
contribution format income statement for the year..
Note: Round your intermediate calculations to 2 decimal places.
Harris Company
Contribution Format Income Statement
Transcribed Image Text:Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 57,000 to 97,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 87,000 units during the year at a selling price of $9.27 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company produces and sells 87,000 units during the year at a selling price of $9.27 per unit. Prepare a contribution format income statement for the year.. Note: Round your intermediate calculations to 2 decimal places. Harris Company Contribution Format Income Statement
Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per
unit over the relevant range of 57,000 to 97,000 units is given below:
Required:
1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below.
2. Assume that the company produces and sells 87,000 units during the year at a selling price of $9.27 per unit. Prepare a contribution
format income statement for the year.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Complete the schedule of the company's 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.)
Total cost
Variable cost
Fixed cost
Total cost
Cost per unit
Variable cost
Fixed cost
Total cost per unit
$
$
$
57,000
Units Produced and Sold
77,000
131,100
460,000
591,100 $
0.00 $
0 $
0.00 $
97,000
0
0.00
Transcribed Image Text:Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 57,000 to 97,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 87,000 units during the year at a selling price of $9.27 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the schedule of the company's 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.) Total cost Variable cost Fixed cost Total cost Cost per unit Variable cost Fixed cost Total cost per unit $ $ $ 57,000 Units Produced and Sold 77,000 131,100 460,000 591,100 $ 0.00 $ 0 $ 0.00 $ 97,000 0 0.00
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