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 Unita in ending inventory Variable costs per unit: points 10,000 8,400 1,600 Skipped Direct materials Direct labor Variable manufacturing overhead Variable selling and adninistrative Total variable cost per unit S80 20 10 140 Pixed costs: rixed manufacturing overhead Pixed selling and adninistrative Total tixed costs 170,000 130,000 $ 300,000 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 3 4 5 7 9 2 Required 1 Required 2Required 3 Assume that the company uses variable costing. Prepare a contribution format income statement for last year points Chuck Wagon Grills, Inc Variable Costing Income Statement eBook Print Required 1 Required 3
Rc 0 Checl Pixed selling and administrative Total fixed costrs 130,000 $300,000 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? points Complete this question by entering your answers in the tabs below eBook Print References Required 1 Required 2 Required 3 What is the company's break-even point in terms of the number of barbecue grills sold? units Required 2 K Prev2 of 2