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 10,400 Units sold 9,100 Units in ending inventory 1,300 Variable costs per unit: Direct materials $ 60 Direct labor 40 Variable manufacturing overhead 11 Variable selling and administrative 21 Total variable cost per unit $ 132 Fixed costs: Fixed manufacturing overhead $ 353,600 Fixed selling and administrative 505,000 Total fixed costs $ 858,600 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.