Saved Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $205. Data for last year's operations follow: 0 9,800 9,100 700 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: Pixed manufacturing overhead Pixed selling and administrative Total fixed costs 60 32 10 17 119 $ $284,200 505,000 $789,200 Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one barbecue grill. 2. Assume that the company uses absorption costing. Prepare an income statement for last year. 1. Assume that the company uses absorption costing. Compute the unit product cost for one ba 2. Assume that the company uses absorption costing. Prepare an Income statement for last yea Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company uses absorption costing. Prepare an income statement for last year. Chuck Wagon Grills, Inc. Absorption Costing Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income (loss) $ 0 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Req 2B Prepare an income statement for the year. Assume that the company uses absorption costing. Lynch Company Absorption Costing Income Statement + $ 0