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Accounting

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Help Save & Exit Submit Check my work Required information The following information applies to the questions displayed below) Chuck Wagon Grills, Incorporated, makes a single product-a handmade specialty barbecue gril 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: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs: Fixed manufacturing overheid Fixed selling and adnansstrative Total fixed costs 24,000 21,00 3.000 $ 50 80 2e 30 $160 5 840,000 315,000 $ 1,155,000 Required: 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 Complete this question by entering your answers in the tabs below. Required Required 2 Assume that the company uses absorption costing. Prepare an income statement for last year. Chuck Wagon Grills, Incorporated Absorption Costing Income Statement 0 Net operating income(loss) 0

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