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Exercise 19-2 Computing unit and inventory costs under variable costing LO P1 Tro Company reports the following Information for the current year, which is Its
Exercise 19-2 Computing unit and inventory costs under variable costing LO P1 Tro Company reports the following Information for the current year, which is Its first year of operations. (Round Intermedlate calculations and final answers to two decimal places.) Direct materials 7.50 per unit Direct 1abor 8.50 per unit Overhead costs for the vear $ 127,750 per year $ 220,000 per year Variable overhead Fixed overhead Units produced this year 36,500 units Units sold this year 27,500 units Ending finished qoods inventory in units 9,000 units Compute the product cost per unit using variable costing. Cost per unit of finished goods using: Variable costing Cost per unit of finished goods 0.00 Determine the cost of ending finished goods inventory using variable costing. Cost per unit of finished goods using: Variable costing Number of units in finished goods Total cost of finished goods inventory Determine the cost of goods sold using variable costing. Cost per unit of goods sold using Variable costing Number of units in sold goods Total cost of sold goods
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