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Required information

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.

Direct materials

Direct labor

variable overhead

Fixed overhead

Units produced

Units sold

Ending finished goods inventory

$$12$ per unit

$$17$ per unit

$$9$ per unit

$$198,450$ per year

$22,050$ units

$19,000$ units

$3,050$ units

Exercise $19-2($Algo$)$ Computing unit and inventory costs under variable costing LO P$1$

Assume instead that Trio Company uses variable costing.

Compute the product cost per unit using variable costing.

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

Determine the cost of goods sold using variable costing.

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

Compute the product cost per unit using variable costing.