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Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $300. Data for last year's operations follow: Units in
Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $300. Data for last year's operations follow: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: 9,600 8,900 700 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit 80 20 10 30 140 Fixed costs: Fixed manufacturing overhead Pixed selling and administrative Total fixed costs 190,000 610,000 $ 800, 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 Required 2Required 3 Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill cost Required Required 2> Prev 3 of 5 Next Complete this question by entering your answers in the tabs below Required 1Required 2 Required 3 Assume that the company uses variable costing. Prepare a contribution format income statement for last year. Chuck Wagon Grills, Inc. Variable Costing Income Statement K Required 1 Required 3> Required: 1. Assume that the company uses variable costing. Compute the unit product cost for one barbecue gril 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 2Required 3 What is the company's break-even point in terms of the number of barbecue grills sold? units Required 2 Required 3
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