Exercise 2-10 Cost Behavior; Contribution Format Income Statement [LO2-4, LO2-6] Harris Company m…

Exercise 2-10 Cost Behavior; Contribution Format Income Statement [LO2-4, LO2-6] 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 57,000 to 97,000 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 87,000 units during the year at a selling price of $9.94 per unit. Prepare a contribution format income statement for the year. (Do not round intermediate calculations.) Garrison 15e Recheck 2014-12-16

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