Chuck Wagon Grills, Inc., makes a single producta handmade specialty barbecue grill that it sells for $215. Data for last years operations follow: Units in beginning inventory 0 Units produced 9,900 Units sold 9,300 Units in ending inventory 600 Variable costs per unit: Direct materials $ 63 Direct labor 31 Variable manufacturing overhead 14 Variable selling and administrative 21 Total variable cost per unit $ 129 Fixed costs: Fixed manufacturing overhead $ 277,200 Fixed selling and administrative 510,000 Total fixed costs $ 787,200 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.