Chuck Wagon Grills, Incorporated, 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 22,400 Unita sold 20,200 Units in ending inventory 2,200 Variable costa per uniti Direct materials $ 50 Direct labor Variable manufacturing overhead Variable selling and administrativo 10 Total variable cost per unit $ 160 Fixed costs: Fixed manufacturing overhead $ 784,000 Fixed selling and administrative 303,000 Total fixed conto $ 1,087,000 20 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2