Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $200. Data for last year's operations follow: Units in beginning inventory Units produced Units sold Units in ending inventory 0 10,000 8,400 1,600 Variable costs per unit: Direct materials $ 80 Direct labor 40 Variable manufacturing overhead 10 Variable selling and administrative 30 Total variable cost per unit $ 160 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs $ 190,000 70,000 $ 260,000 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 1 Required 2 Required 3 Assume that the company uses variable costing. Prepare a contribution format income statement for last year. Sales Variable expenses: Chuck Wagon Grills, Inc. Variable Costing Income Statement $ 1,680,000 Variable cost of goods sold Variable selling and administrative expenses