ces 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 0 25,600 21,800 3,800 $ 50 80 20 10 $ 160 $ 896,000 327,000 $ 1,223,000 Exercise 6-15 (Algo) Absorption Costing Unit Product Cost and Income Statement [LO6-1, L06-2] Required: 1. Assume the company uses absorption costing. Compute the unit product cost for one barbecue grill. 2. Assume the company uses absorption costing. Prepare an income statement for last year. Complete this question by entering your answers in the tabs below. Required Required 1 2 Assume the company uses absorption costing. Prepare an income statement for last year. Chuck Wagon Grills, Incorporated Absorption Costing Income Statement 0 Net operating income(loss) $ 0 < Required 1 Required 2 >