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Please answer all parts correctly. thank u The following information applies to the questions displayed below.) Chuck Wagon Grills, Incorporated, makes a single product-a handmade
Please answer all parts correctly. thank u
The following information applies to the questions displayed below.) 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 80 Variable manufacturing overhead 20 Variable selling and administrative 10 Total variable cost per unit $ 160 Fixed costs: Fixed manufacturing overhead $ 980,000 Fixed selling and administrative 345,000 Total fixed costs $ 1,325,000 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? Complete this question by entering your answers in the tabs below. 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 es Required 3 Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill. Unit product cost Required Required 2 > 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, Incorporated Variable Costing Income Statement 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's break even point in terms of the number of barbecue grills sold? Broak even point units Step by Step Solution
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