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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 years 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 years operations follow: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per 10,300 8,600 1,700 unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost pers 60 20 10 30 120 unit Fixed manufacturing overhead $170, 000 820,000 $990, 000 Fixed selling and administrative Total fixed costs Required: L 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 Required Assume that the company uses variable costing. Prepare a contribution format income statement for last year Required 1 Required 3
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