Harris company manufactures and sells a single product. a partially completed schedule of the company’s total costs and costs per unit over the relevant range of 63,000 to 103,000 units is given below: required: 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 93,000 units during the year at a selling price of $9.86 per unit. prepare a contribution format income statement for the year.

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?