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! @ Required information (The following information applies to the questions displayed below.) Chuck Wagon Grills, Incorporated, makes a single product-a handmade specialty barbecue grill
! @ Required information (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 22,400 Units sold 20,200 Units in ending inventory 2,200 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 $ 784,000 Fixed selling and administrative 303,000 Total fixed costs $ 1,087,000 $ 50 80 20 10 $ 160 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 Assume that the company uses variable costing. Prepare a contribution format income statement for last year. Chuck Wagon Grills, Incorporated Variable Costing Income Statement Sales ! Required information (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 22,400 Units sold 20,200 Units in ending inventory 2,200 Variable costs per unit: Direct materials $ 50 Direct labor Variable manufacturing overhead 20 Variable selling and administrative Total variable cost per unit $ 160 Fixed costs: Fixed manufacturing overhead $ 784,000 Fixed selling and administrative 303,000 Total fixed costs $ 1,087,000 80 10 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? Break-even point units
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