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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
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 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 22,800 20,400 2,400 $ 50 80 20 10 $ 160 $ 798,000 306,000 $ 1,104,000 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. Variable selling and administrative Total variable cost per unit Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs 10 $ 160 $ 798,000 306,000 $ 1,104,000 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 Required 2 Required 3 Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill. Unit product cost Required 1 Required 2 > LASSHOUP IP CORDIALTY LISPS VAADIP (OSHOO ORO meu DroORCE COSE IO ORP ATOMP Required information 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 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs $ 798,000 306,000 $ 1,104,000 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 las 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 < Required 2 Required 3
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