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LO [The following information applies to the questions displayed below.) Trio Company reports the following information for its first year of operations. Direct materials Direct
LO [The following information applies to the questions displayed below.) Trio Company reports the following information for its first year of operations. Direct materials Direct labor Variable overhead Fixed overhead Units produced Units sold Ending finished goods inventory $ 15 per unit $ 19 per unit $ 9 per unit $ 281,050 per year 25,550 units 15,000 units 10,550 units 1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing 3. Determine the cost of goods sold using absorption costing 1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing. 3. Determine the cost of goods sold using absorption costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the product cost per unit using absorption costing. Product cost per unit of finished goods using: Absorption costing Product cost per unit S 0 Required 2 > 1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing. 3. Determine the cost of goods sold using absorption costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the cost of ending finished goods inventory using absorption costing. Absorption costing Cost per unit of finished goods using: Product cost per unit Number of units in finished goods Cost of finished goods inventory 1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing 3. Determine the cost of goods sold using absorption costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2. Required 3 Determine the cost of goods sold using absorption costing. Absorption costing Cost per unit of goods sold using: Product cost per unit Number of units sold Cost of sold goods Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the cost of ending finished goods inventory using variable costing. Variable costing Cost per unit of finished goods using: Total product cost per unit Number of units in finished goods Cost of finished goods inventory Required 1 Required 2 Required 3 Determine the cost of goods sold using variable costing. Variable costing Cost per unit of goods sold using: Total product cost per unit Number of units sold Cost of sold goods
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