Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that It sells for $215. Data for last year's operations follow: 10,200 9,300 900 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 61 36 14 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative S 357.000 505,000 Total fixed costs $ 862,000 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 for last year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company uses absorption costing. Compute the unit product cost for one barbecue grill. Unit product cost Required 1 Required 2 Assume that the company uses absorption costing. Prepare an income statement for last year. Chuck Wagon Grills, Inc. Absorption Costing Income Statement Net operating income (loss)