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Trio Company reports the following information for the current year, which is its first year of operations. Direct materials 11 per unit Direct labor 17 per unit Overhead costs for the year Variable overhead 3 per unit Fixed overhead 120, 000 per year Units produced this year 20, 900 units Units sold this year 14,900 units Ending finished goods inventory in units 6,000 units 1. Compute the product cost per unit using absorption costing. Cost per unit of finished goods using: Absorption costing Direct materials per unit Direct labor per unit : Variable overhead per unit Cost per unit of finished goods 2. Determine the cost of ending finished goods inventory using absorption costing. Cost per unit of finished goods using: Absorption costing Number of units in finished goods Total cost of finished goods inventory 3. Determine the cost of goods sold using absorption costing. Cost per unit of goods sold using: Absorption costing Number of units in sold goods Total cost of sold goods