$!$

Required information

$[$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

$$16$ per unit

$$17$ per unit

$$5$ per unit

$$180,450$ per year

$20,050$ units

$14,500$ units

$5,550$ units

Compute the product cost per unit using absorption costing.

Determine the cost of ending finished goods inventory using absorption costing.

Determine the cost of goods sold using absorption costing.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $3$

Compute the product cost per unit using absorption costing.

Product cost per unit of finished goods using: Absorption costing

Prev

$12$

of $10$

Next