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#2. Need help fixing Use the following information for the Exercise below. (Static) [The following information applies to the questions displayed below.) Trio Company reports

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Use the following information for the Exercise below. (Static) [The following information applies to the questions displayed below.) Trio Company reports the following information for its first year of operations. Direct materials Direct labor Variable overhead Fixed overhead Units produced Units sold Ending finished goods inventory 15 per unit $ 16 per unit $ 4 per unit $ 160,000 per year 20,000 units 14,000 units 6,000 units Assume instead that Trio Company uses variable costing. 1. Compute the product cost per unit using variable costing. 2. Determine the cost of ending finished goods inventory using variable costing. 3. Determine the cost of goods sold using variable costing. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the product cost per unit using variable costing. Product cost per unit of finished goods using: Direct materials Variable costing 15 5 $ per unit Direct labor 16 per unit Variable overhead 4 per unit Fixed overhead $ 8.00 per unit Total product cost per unit $ 43 per unit Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the cost of ending finished goods inventory using variable costing. Variable costing 43 $ Cost per unit of finished goods using: Total product cost per unit Number of units in finished goods Cost of finished goods inventory 6,000 258,000 $ X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the cost of goods sold using variable costing. Cost per unit of goods sold using: Total product cost per unit Number of units sold Variable costing 43 X $ 14,000 602,000 Cost of sold goods $

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