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Exercise 19-2 Computing unit and Inventory costs under variable costing LO P1 Trio Company reports the following information for the current year, which is
Exercise 19-2 Computing unit and Inventory costs under variable costing LO P1 Trio Company reports the following information for the current year, which is its first year of operations. Assume instead that Trio Company uses variable costing. (Round intermediate calculations and final answers to two decimal places.) Direct materials. Direct labor Overhead costs for the year- Variable overhead. Fixed overhead Units produced this year $ 10.00 per unit $ 11.00 per unit $ 6.00 per unit $270,000 per year 33,000 units Units sold this year Ending finished goods inventory in units 25,000 units 8,000 units 1. Compute the product cost per unit using variable costing. Cost per unit of finished goods using: Variable costing
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