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I ONLY NEED NUMBER 2 Required Information [The following information applies to the questions displayed below.) Chuck Wagon Grills, Inc., makes a single product-a handmade

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I ONLY NEED NUMBER 2

Required Information [The following information applies to the questions displayed below.) 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: 22,800 20,400 2,400 $ Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs 50 80 20 10 160 $ $ 798,000 306,000 $1,104,000 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? 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 $ 4,284,000 Sales Variable expenses: Indirect materials Indirect labor 0 4,284,000 0 $ 4,284,000

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