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 Assume instead that Trio Company uses variable costing. 1. Compute the product cost per unit using variable costing. $ 14 per unit $ 18 per unit $8 per unit $ 250,500 per year 25,050 units 19,000 units 6,050 units 2. Determine the cost of ending finished goods inventory using variable costing. 3. Determine the cost of goods sold using variable 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 variable costing. Cost per unit of goods sold using: Total product cost per unit Number of units sold Cost of sold goods- Variable costing $ 40 Required information (The following information applies to the questions displayed below] Barnes Company reports the following for its product for its first year of operations Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses $32 per unit 22 per unit 112 per unit 160,000 per year $2 per unit $ 24,000 per year The company sells its product for $150 per unit. Compute contribution margin using variable costing assuming the company i produces and sells 2,400 units and (b) produces 3,000 units and sells 2,400 units Answer is not complete. Contribution margin using variable coeling Sales Variable expenses Variable cost of goods sold 4) 2400 Units Produced and 2.460 Una bold Produce 42.400 300,000 s 300.000 Variable selling and administrative expenses O Contribution margin i 14800) O 16.000 s (4.800