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Question(s) / Instruction(s):

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. Complete the schedule of the company\'s total and unit costs below 

Units Produced and Sold

                                                58,000                   78,000                   98,000

Total costs:                                         

Variable costs                    $145,000

Fixed costs                          390,000

Total costs                           $535,000

Cost per unit:

Variable cost

Fixed cost               

Total cost per unit

Required:

1)            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. Complete the schedule of the company\'s total and unit costs below 

2)            Assume that the company produces and sells 88,000 units during the year at a selling price of $8.9 per unit. Prepare a contribution format income statement for the year. 

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