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third time posting . please answer the question correctly and answer all of it in order Chuck Wagon Grills, Incorporated, makes a single product-a handmade
third time posting . please answer the question correctly and answer all of it in order
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 28,000 Units sold 23,000 Units in ending inventory 5,000 Variable costs per unit: Direct materials $50 Direct labor Variable manufacturing overhead 20 Variable selling and administrative Total variable cost per unit $ 160 Fixed costs: Fixed manufacturing overhead $ 980,000 Fixed selling and administrative 345.000 Total fixed costs $ 1,325,000 BO 1e 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 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 Answer is not complete Complete this question by entering your answers in the tabs below. Required Required 2 Assume that the company uses absorption costing Compute the unit product cost for one barbecue grill Unit product con 100 Required 2 > 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, Incorporated Absorption Costing Income Statement Sales $ 4,830,000 4,830,000 Net operating incomodoss) $ 4,830,000 Step by Step Solution
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