Question

can someone verify the first table is correct and help with the income statement of the table?

Required 1 Required 2 Complete the schedule of the company's total costs and costs per unit as given in the relevant tab variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 60,000 80,000 100,000 132,000 320,000 452,000 176,000 320,000 496,000 220,000 320,000 540,000 $ $ Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable cost Fixed cost Total cost per unit 2.2011 5.33 7.53 2.20 4.00 6.20 2.20 3.20 5.40 L $ $ < Required 1 Required 2 >

im asking if i filled in the chart correctly and then help with the income statement

Answer 1

Units Produced and Sold 60,000 80,000 100,000 $ $ | $ 132,000 $ 320,000 $ 452,000$ 176,000$ 320,000$ 496,000 $ 220,000 320,000 540,000 Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable costs Fixed costs Total cost per unit $ $ $ 2.20 $ 5.33 $ 7.53 $ 2.20 $ 4.00 $ 6.20 $ 2.20 3.20 5.40 Harris Company Contribution Format Income Statement Sales (90,000 * $7.20) 648000 Variable expenses (90,000 * $2.20) 198000 Contribution margin 450000 Fixed expenses 320000 Net operating income 1300001