Business, 26.09.2019 20:00 jennifercastill3

Chuck wagon grills, inc., makes a single product—a handmade specialty barbecue grill that it sells for $215. data for last year’s operations follow: units in beginning inventory 0 units produced 9,800 units sold 9,300 units in ending inventory 500 variable costs per unit: direct materials $ 61 direct labor 33 variable manufacturing overhead 10 variable selling and administrative 15 total variable cost per unit $ 119 fixed costs: fixed manufacturing overhead $ 274,400 fixed selling and administrative 510,000 total fixed costs $ 784,400 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.

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Chuck wagon grills, inc., makes a single product—a handmade specialty barbecue grill that it sells f...

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