Check my work Check My Work button is now enabledItem 13Item 13 1.11 points Trio Company reports the following information for the current year, which is its first year of operations. Direct materials $ 13 per unit Direct labor $ 16 per unit Overhead costs for the year Variable overhead $ 2 per unit Fixed overhead $ 100,000 per year Units produced this year 25,000 units Units sold this year 19,000 units Ending finished goods inventory in units 6,000 units

1. Compute the product cost per unit using absorption costing. Cost per unit of finished goods using: Absorption costing Direct materials per unit $ 13.00 Direct labor per unit 16.00 Variable overhead per unit 2.00 Fixed overhead per unit Cost per unit of finished goods $ 31.00 2. Determine the cost of ending finished goods inventory using absorption costing. Cost per unit of finished goods using: Absorption costing Number of units in finished goods 31 Total cost of finished goods inventory $ 961 3. Determine the cost of goods sold using absorption costing. Cost per unit of goods sold using: Absorption costing Number of units in sold goods 6,000 Total cost of sold goods $ 186,000 Required information (The following information applies to the questions displayed below.) Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 44,000 units and sold 36,000 units at a price of $140 per unit. Manufacturing costs Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead for the year Selling and administrative costs Variable selling and administrative cost per unit Fixed selling and administrative cost per year $ 60 $ 22 $ 8 $ 528,000 $ 11 $ 105,000 a. Assume the company uses absorption costing. Determine its product cost per unit. Per unit product cost using: Absorption costing Total cost per unit Required information (The following information applies to the questions displayed below.) Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 44,000 units and sold 36,000 units at a price of $140 per unit. Manufacturing costs Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead for the year Selling and administrative costs Variable selling and administrative cost per unit Fixed selling and administrative cost per year $ 60 $ 22 $ 8 $ 528,000 $ 11 $ 105,000 a. Assume the company uses absorption costing. Determine its product cost per unit. Per unit product cost using: Absorption costing Total cost per unit