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    duberry-sarah's Avatar
    duberry-sarah Posts: 1, Reputation: 1
    New Member
     
    #1

    May 11, 2007, 11:15 AM
    Managerial Accounting
    Execise Cost Behavior: Contribution Format Income Satement

    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 30,000 to 50,000 units produced and sold annyally is given below:

    Units produced and sold 30,000 40,000 50,000

    Total costs:
    Variable costs $180,000?
    Fixed costs 300,000?

    Total cost $480,000?

    Cost per unit:
    Variable cost?
    Fixed cost?

    Total cost per unit?

    Required:
    1. COmplete the schedule of the company's total and unit costs above.
    2. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year.
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
     
    #2

    May 11, 2007, 11:22 AM
    Please refer to THIS ANNOUNCEMENT

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