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Please help with fields in red and all other missing entries. Thanks. Exercise 19-2 Computing unit and inventory costs under variable costing LO P1 Trio
Please help with fields in red and all other missing entries. Thanks.
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. (Round intermediate calculations and final answers to two decimal places.) Direct materials Direct labor Overhead costs for the year $7.50 per unit $ 8.50 per unit Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inventory in units $127,750 per year $220,000 per year 36,500 units 27,500 units 9,000 units Answer is not complete ompute the product cost per unit using variable costing Cost per unit of finished goods usin Direct materials per unit Direct labor per unit Variable overhead per unit Variable costing 7.50 8.50 0.00 Cost per unit of finished goods 16.00 etermine the cost of ending finished goods inventory using variable costing Cost per unit of finished goods usin 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 Number of units in sold goods Total cost of sold goods Variable costing Variable costingStep by Step Solution
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