Required information [The following information applies to the questions displayed below) Chuck Wagon Grills, Inc.,...
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Required information [The following information applies to the questions displayed below) Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $210. Data for last year's operations follow: 20,000 19,000 1.000 Units in beginning inventory Units produced Units sold Units in ending Inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs 50 30 20 10 160 $ $ 700,000 285,000 $985,000 Required: 1. Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill, 2. Assume that the company uses variable costing. Prepare a contribution format income statement for last year, 3. What is the company's break-even point in terms of the number of barbecue grills sold? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill. Unit product cost Required Required 2 > Required information Assume that the company uses variable costing. Prepare a contribution format income statement for last year, Chuck Wagon Grills, Inc. Variable Costing Income Statement 2. Assume that the company uses variable costing. Prepare a contribution format income statement for last year. 3. What is the company's break-even point in terms of the number of barbecue grills sold? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's break-even point in terms of the number of barbecue grills sold? Break-even point units




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