[The following information applies to the questions displayed below.] 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: 0 25,200 21,600 3,600 $ 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 50 80 20 10 $ 160 $ 882,000 324,000 $1,206,000 Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill. Unit product cost $ 150 Chuck Wagon Grills, Inc. Variable Costing Income Statement Sales $ 4,536,000 Variable expenses: Variable cost of goods sold $ 1,080,000 1,728,000 X 432,000 X Variable selling and administrative expenses Commissions Variable cost of goods sold Contribution margin x 3,240,000 1,296,000 Fixed expenses: Sales $ 1,080,000 X 1,080,000 X Administrative expenses 324,000 Fixed selling and administrative expenses Fixed manufacturing overhead 882,000 3,366,000 $ (2,070,000) Net operating loss