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Compute the unit product cost for one barbecue grill

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Reference no: EM132747439

Question - Adam Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $210. Data for 2019 operations follow:

Units in beginning inventory 0

Units produced 20,000

Units sold 19,000

Units in ending inventory 1,000

Variable costs per unit:

Direct materials $50

Direct labor 80

Variable manufacturing overhead 20

Variable selling and administrative 10

Fixed costs:

Fixed manufacturing overhead $700,000

Fixed selling and administrative 285,000

Required -

a. Compute the unit product cost for one barbecue grill in both variable and absorption costing methods.

b. What is the company's break-even point in terms of the number of barbecue grills sold?

Reference no: EM132747439

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