Chuck Wagon Grills, Incorporated, makes a barbecue grill it sells for $210. Data for last...
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Accounting
Chuck Wagon Grills, Incorporated, makes a barbecue grill it sells for $210. Data for last years operations follow:
| Units in beginning inventory | 0 |
|---|---|
| Units produced | 26,400 |
| Units sold | 22,200 |
| Units in ending inventory | 4,200 |
| Variable costs per unit: | |
| Direct materials | $ 50 |
| Direct labor | 80 |
| Variable manufacturing overhead | 20 |
| Variable selling and administrative | 10 |
| Total variable cost per unit | $ 160 |
| Fixed costs: | |
| Fixed manufacturing overhead | $ 924,000 |
| Fixed selling and administrative | 333,000 |
| Total fixed costs | $ 1,257,000 |
Assume the company uses variable costing. Compute the unit product cost for one barbecue grill.
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