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 58,000 to 98,000 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.) Assume that the company produces and sells 88,000 units during the year at a selling price of $9.33 per unit. Prepare a contribution format income statement for the year.