Question

ent Saved Help Sav Required 1Required 2 Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. (Roun variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 57,000 77,000 97,000 Total costs Variable cost 153,900 310,000 463,900S Fixed cost Total costs Cost per unit Variable cost 2.70 5.44 8.14 S Fixed cost Total cost per unit 000 S

Answer 1

Solution 1:

Particulars	Units Produced and Sold
	57000	77000	97000
Total Costs:
Variable cost	$153,900.00	$207,900.00	$261,900.00
Fixed cost	$310,000.00	$310,000.00	$310,000.00
Total costs	$463,900.00	$517,900.00	$571,900.00
Cost per unit:
Variable cost	$2.70	$2.70	$2.70
Fixed cost	$5.44	$4.03	$3.20
Total costs per unit	$8.14	$6.73	$5.90

Solution 2:

Harris Company
Contribution format Income Statement
Particulars	Amount
Sales (87000*$7.73)	$672,510.00
Variable costs (87000*$2.70)	$234,900.00
Contribution margin	$437,610.00
Fixed costs	$310,000.00
Operating Income	$127,610.00