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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 that it
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. De 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 Fived costs: Fixed manufacturing overhead Fixed selling and administrative total fixed costs 21,600 20,00 2,800 550 201 10 1:160 $ 826,000 312,000 $1,138,000 Required: LA 2A that the company uses variable costing. Compute the unit product cost for one barbecue grill. 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. Chock Wagon Grille, Incorporated Sales Variable expenses vartable Costing Income Statement Variable cost of goods sold Variable selling and administrative expenses Contribution margin Fund expenses Fixed manufacturing overhead Fixed selling and administrative expenses 0 0 10
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