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2 ! Required information [The following information applies to the questions displayed below.) Part 2 of 2 Trio Company reports the following information for its
2 ! Required information [The following information applies to the questions displayed below.) Part 2 of 2 Trio Company reports the following information for its first year of operations. 3 points Direct materials Direct labor Variable overhead Fixed overhead Units produced Units sold Ending finished goods inventory $ 12 per unit $ 17 per unit $ 9 per unit $ 198,450 per year 22,050 units 19,000 units 3,050 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 12 per unit S Direct labor 17 per unit Variable overhead XO 9 per unit XS 47.00 X per unit Fixed overhead Total product cost per unit 85 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 85 S Cost per unit of finished goods using: Total product cost per unit Number of units in finished goods Cost of finished goods inventory 3,050 259,250 S 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. Variable costing 85 $ Cost per unit of goods sold using: Total product cost per unit Number of units sold Cost of sold goods 19,000 1,615,000 $
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