Question: value 20.00 points Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $210 Data for last year's operations
value 20.00 points 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 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit 10,400 9,300 1,100 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative $ 62 36 14 19 Total variable cost per unit $ 131 Fixed costs Fixed manufacturing overhead 291.200 Fixed selling and administrative 520,000 Total fixed costs S 811,200 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. Chuck Wagon Grills, Inc. Absorption Costing Income Statement Net operating income (loss)
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