LO4-2 EXERCISE 4-14 Variable Costing Unit Product Cost and Income Statement; Break-Even Analysis L04-1, Chuck Wagon Grills, Inc., makes a single producta handmade specialty barbecue grill that it sells for $210. Data for last year's operations follow: 0 20,000 19,000 1,000 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 $700,000 285,000 $985,000 4 Required: 1. Assume that the company uses variable costing. Compute the unit product cost for one barbe- cue grill. 2. Assume that the company uses variable costing. Prepare a contribution format income state- ment for last year. 3. What is the company's break-even point in terms of the number of barbecue grills sold