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Exercise 06-1 Computing unit and inventory costs under absorption costing and variable costing LO P1 Trio Company reports the following information for the current year,
Exercise 06-1 Computing unit and inventory costs under absorption costing and variable costing LO P1 Trio Company reports the following information for the current year, which is its first year of operations. Direct materials Direct labor Overhead costs for the year $ 12 per unit $ 17 per unit s 67,500 per year $135,000 per year 22,500 units 16,500 units 6,000 units Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inventory in units Required t per unit of finished goods using 1) absorption costing and 2) Cost per unit of finished goods using: Absorption costing Variable Costing Cost per unit of f e the cost of ending fini d goods inventory using 3) absorption costing Cost per unit of finished goods using: Absorption costing Variable Costing Total cost of finished
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