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 Units in beginning inventory Units produced 10,100 9,200 Units sold Units in ending inventory Variable costs per unit: 900 Direct materials 61 Direct labor 31 Variable manufacturing overhead Variable selling and administrative 13 20 Total variable cost per unit 125 Fixed costs: $333,300 500,000 Fixed manufacturing overhead Fixed selling and administrative Total fixed costs 833,300 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