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 $ 20 per unit $ 21 per unit $ 9 per unit $ 263, 250 per year 20, 250 units 15,500 units 4,750 units Assume instead that Trio Company uses variable costing. 1. Compute the product cost per unit using variable costing. 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 Compute the product cost per unit using variable costing. Product cost per unit of finished goods using: Variable costing per unit Total product cost per unit 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 $ 20 per unit $ 21 per unit $ 9 per unit $ 263, 250 per year 20,250 units 15,500 units 4,750 units Assume instead that Trio Company uses variable costing. 1. Compute the product cost per unit using variable costing. 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 ending finished goods inventory using variable costing. Cost per unit of finished goods using: Variable costing Total product cost per unit Number of units in finished goods Cost of finished goods inventory Required 1 Required 3 > 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 $ 20 per unit Direct labor $ 21 per unit Variable overhead $ 9 per unit Fixed overhead $ 263, 250 per year Units produced 20,250 units Units sold 15,500 units Ending finished goods inventory 4,750 units Assume instead that Trio Company uses variable costing. 1. Compute the product cost per unit using variable costing. 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: Variable costing Total product cost per unit Number of units sold Cost of sold goods
