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Chuck Wagon Grills, Inc., makes a single product - a handmade specialty barbecue grill that it sells for $205. Data for last year's operations follow:

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Chuck Wagon Grills, Inc., makes a single product - a handmade specialty barbecue grill that it sells for $205. Data for last year's operations follow: Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one barbecue grill. 2. Assume that the company uses absorption costing. Prepare an income statement

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