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Question(s) / Instruction(s):

A partially completed schedule of the company's total and per unit costs over a relevant range of 63,000 to 103,000 units produced and sold each year is given below. Complete the schedule of the company's total and unit costs.

 

                                                                                                                Units Produced and Sold

                                                                                      63,000                   83,000                   103,000

  Total costs:                                                       

   Variable costs                                                 $ 151,200           

     Fixed costs                                                    $440,000                                          

  Total costs                                                       $ 591,200                                                                            

2.            Assume that the company produces and sells 93,000 units during the year at the selling price of $8.70 per unit. Prepare a contribution format income statement for the year

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