Check my work1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below.2. Assume that the company produces and sells 81,000 units during the year at a selling price of $8.23 per unit. Prepare a contributionformat income statement for the year.15Complete this question by entering your answers in the tabs below.polntsSkippedRequired 1Required 2eBookComplete the schedule of the company's total costs and costs per unit as given in the relevant tab below. (Round the per unitvariable cost and fixed cost to 2 decimal places.)HintPrintUnits Produced and SoldReferences51,00071,00091,000Total costs:Variable costs$117,300Fixed costs350,000Total costs$467,300 $$Cost per unit:Variable costFixed costTotal cost per unit$0.00 $0.00 $0.00

Variable cost per unit does not change with the changing level of units produced and sold i.e.…

1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 81,000 units during the year at a selling price of $8.23 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. (Round the per unit variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 51,000 71,000 91,000 Total costs: Variable costs 117,300 350,000 467,300 S Fixed costs Total costs Cost per unit: Variable cost Fixed cost Total cost per unit 0.00 $ 0.00 $ 0.00

1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 81,000 units during the year at a selling price of $8.23 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. (Round the per unit variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 51,000 71,000 91,000 Total costs: Variable costs 117,300 350,000 467,300 S Fixed costs Total costs Cost per unit: Variable cost Fixed cost Total cost per unit 0.00 $ 0.00 $ 0.00

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1PA: A company sells small motors as a component part to automobiles. The Model 101 motor sells for $850...

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