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Need help with #3 specifically Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $210. Data for last
Need help with #3 specifically
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: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: 20,000 19,000 1,000 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit 50 20 10 160 Fixed costs: Pixed manufacturing overhead Pixed selling and administrative Total fixed costs 700,000 285,000 $985,000 Requirec 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 soldStep by Step Solution
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