Saved Exercise 7-14 Variable Costing Unit Product Cost and Income Statement Break-Even Analysis (LO7-1, LO7-2 Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $210. Data for last year's operations follow: eBook Ask Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: 28,000 19,800 1,000 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit se 89 20 10 160 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs s 700,000 285,ee8 s 985,00 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 Hi e Type here to search 8tal faxed costs $985,808 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 1Required 2 Required 3 Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill cost S 150 Required 2 > e to search Required 1 Required 2 Required 3 Assume that the company uses variable costing. Prepare a contribution format income statement for last year Book Chuck Wagon Grills, Inc. Variable Costing Income Statement Ask Sales Variable cost of goods sold Variable selling and administrative expenses