Question: HW-Chapter 4 5 SB Exercise 4-14 through Exercise 4-15 (Algo) (The following information applies to the questions displayed below) Part 22 2 Rec Chuck Wagon
HW-Chapter 4 5 SB Exercise 4-14 through Exercise 4-15 (Algo) (The following information applies to the questions displayed below) Part 22 2 Rec Chuck Wagon Grills, incorporated, makes a single product-a handmade specialty barbecue grill that it sells for $210. Deta 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 costsi Fixed manufacturing overhead Fixed selling and administrative Total fixed costs 20,000 19,400 1,400 $ 58 28 10 $160 1728,000 291, $ 1,019,000 Exercise 4-15 (Algo) Absorption Costing Unit Product Cost and Income Statement [LO6-1, LO6-2) 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 in income statement for last year Complete this question by entering your answers in the tabs below. Required 1 Required 2 E Help Save & Ex Submit Check my work
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