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solution for questions in managerial accounting for free?
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... 0 units produced... 20,000 units sold... 19,000 units in ending inventory... 1,000 variable cost per unit: direct materials... $ 50 direct labor... 80 variable manufacturing overhead... 20 variable selling and administrative... 10 total variable cost per unit... $160 fixed cost: fixed manufacturing overhead... 700,000 fixed selling and administrative... 285,000 total fixed costs... 985,000 Required: 1. assume that the company uses variable costing. Compute the unit produced cost for one barbecue grill. 2.assume that the company uses variable costing.prepare a contribution format income statement for the year 3.what is the company's break-even point in terms of the number of barbecue grills sold. |
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