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 20,000 19,000 1,000 $ 50 225 10 $ 160 $700,000 285,000 $985,000 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? Answer is not complete. 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. Required 1 Required 2 Required 3 Assume that the company uses variable costing. Prepare a contribution format income statement for last yea Chuck Wagon Grills, Incorporated Variable Costing Income Statement Sales 3,990,000 Variable expenses Variable cost of goods sold $285.000 Variable selling and administrative expenses 190,000 Contribution margin Fixed manufacturing overhead Fixed selling and administrative expenses Variable selling and administrative expenses Net operating loss 475,000 3,515,000 $700,000 285,000 985,000 2,530,000