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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
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 $ 13 per unit 19 per unit $ 4 per unit $ 253,550 per year 23,650 units 18,000 units 5,050 units Exercise 6-1 (Algo) Computing unit and Inventory costs under absorption costing LO P1 1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing. 3. Determine the cost of goods sold using absorption 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 absorption costing. Product cost per unit of finished goods using: Direct materials Direct labor Variable overhead Foved overhead Absorption costing 113 1e 4 Product cost per unit $ Required 2 > ! Required Information Use the following information for the Exercise below. (Algo) [The following information applies to the questions displayed belowj Trio Company reports the following information for its first year of operations. Direct materials 5.13 per unit Direct labor $ 19 per unit Variable overhead 5 4 per unit Fixed overhead 3 253,550 per year Units produced 23,ese units Units sold 18,808 units Ending finished goods inventory 5,058 units Exercise 6-1 (Algo) Computing unit and Inventory costs under absorption costing 1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing. 3. Determine the cost of goods sold using absorption 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 absorption costing. Absorption costing Cost per unit of finished goods using: Product cost per unit Number of units in finished goods Cost of ending finished goods inventory 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 $ 13 per unit $ 19 per unit $ 4 per unit $ 253,550 per year 23,050 units 18,000 units 5,850 units Exercise 6-1 (Algo) Computing unit and Inventory costs under absorpti 1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing. 3. Determine the cost of goods sold using absorption 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 absorption costing. Cost per unit of goods sold using: Product cost per unit Number of units sold Cost of sold goods Absorption costing $ 828,000 18.000 S 14.904.000.000
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