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Required information [ The following information applies to the questions displayed below. ] Chuck Wagon Grills, Incorporated, makes a barbecue grill it sells for $
Required information
The following information applies to the questions displayed below.
Chuck Wagon Grills, Incorporated, makes a barbecue grill it sells for $ Data for last year's operations follow:
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
Required:
Assume the company uses variable costing. Compute the unit product cost for one barbecue grill.
Assume the company uses variable costing. Prepare a contribution format income statement for last year.
How manv barbecue arills must be sold to break even?
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