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6 Homework ded ! Required information [The following information applies to the questions displayed below.] Chuck Wagon Grills, Incorporated, makes a barbecue grill it sells
6 Homework ded ! Required information [The following information applies to the questions displayed below.] Chuck Wagon Grills, Incorporated, makes a barbecue grill it sells for $210. Data for last year's operations follow: 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 Required 1 0 20,000 19,000 1,000 Required: 1. Assume the company uses variable costing. Compute the unit product cost for one barbecue grill. 2. Assume the company uses variable costing. Prepare a contribution format income statement for last year. 3. How many barbecue grills must be sold to break even? Required 2 Required 3 Unit product cost $ 50 80 Complete this question by entering your answers in the tabs below. 20 10 $ 160 $ 150 $ 700,000 285,000 $ 985,000 Assume the company uses variable costing. Compute the unit product cost for one barbecue grill.
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