Please answer all questions

Use the following information for the Exercise below. (Algo) [The following information applies to the questions displayed below.] Trio Company reports the following information for its first year of operations. Exercise 19-1 (Algo) Computing unit and inventory costs under absorption costing LO P1 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. Compute the product cost per unit using absorption costing. Exercise 19-7 (Algo) Income reporting under absorption costing and variable costing LO P2 Sims Company began operations on January 1. Its cost and sales information for this year follow. 1. Prepare an income statement for the year using variable costing. 2. Prepare an income statement for the year using absorption costing. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year using variable costing