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Variable Costing Unit Product Cost and Income Statement; Break-Even Analysis L07—1, L07—2
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:
Required:
Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill.
2. Assume that the company uses variable costing. Prepare a contribution format income statement for last year.
3. What is the company’s break-even point in terms of the number of barbecue grills sold?
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