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Please answer all parts correctly. thank u Chuck Wagon Grills, Incorporated, makes a single product-a handmade specialty barbecue grill that it sells for $210. Data
Please answer all parts correctly. thank u
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 28,000 Units sold 23,000 Units in ending inventory 5,000 Variable costs per unit: Direct materials $ 50 Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit $ 160 Fixed costs: Fixed manufacturint overhead 5.980,000 Fixed selling and administrative 145,000 Total fixed costs $1,325,000 BO 20 10 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 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 Assume that the company uses absorption costing Compute the unit product cost for one barbecue grill. Onit product COS! Required 1 Required 2 > Required 1 Required 2 Assume that the company uses absorption costing. Prepare an income statement for last year, Chuck Wagon Grills, Incorporated Absorption Costing Income Statement Net operating income(loss) Step by Step Solution
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