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Exercise 19-1 Computing unit and inventory costs under absorption costing LO P1 Trio Company reports the following information for the current year, which is its
Exercise 19-1 Computing unit and inventory costs under absorption costing LO P1 Trio Company reports the following information for the current year, which is its first year of operations. 12 per unit 19 per unit Direct materials Direct labor overhead costs for the year Variable overhead $ 67,500 per year 135,000 per year Fixed overhead Units produced this year Unita sold thia year 22,500 units 16,500 units 6,000 units Ending finished goods inventory in units Compute the product cost per unit using absorption costing. Cost per unit of finished goods Absorption costing using: ces Cost per unit of finished goods Determine the cost of ending finished goods inventory using absorption costing. Cost per unit of finished goods using: Number of units in finished goods Absorption costing Total cost of finished goods inventory Determine the cost of goods sold using absorption costing. Cost per unit of goods sold using Absorption costing Number of units in sold goods Total cost of sold goods
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