Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $210. Data for last year's operations follow Units in beginning inventory Units produced 20,000 Units sold 19,000 Units in ending inventory 1,000 Variable costs per unit: Direct materials 50 Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit 160 Fixed costs: Fixed manufacturing overhead $700,000 Fixed selling and administrative 285,000 Total fixed costs $985,000 20 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? 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. Chuck Wagon Grills, Inc. Variable Costing Income Statement $ 3,990,000 Sales 3,990,000 $ 3,990,000 Chuck Wagon Gius, Inc., makes a single product-a nandmade specialty barbecue grill that it sells for $210. Data for last years. operations follow Units in beginning inventory Units produced 20,000 Units sold 19,000 Units in ending inventory 1,000 Variable costs per unit: Direct materials 80 Direct labor Variable manufacturing overhead 20 Variable selling and administrative $ Total variable cost per unit 160 Fixed costs: Fixed manufacturing overhead $700,000 Fixed selling and administrative 285,000 Total fixed costs $985,000 10 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 Required 3 r answers in the tabs below. Required 1 Required 2 Required. 3 What is the company's break-even point in terms of the number of barbecue grills sold? Break-even point units