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[ The following information applies to the questions displayed below. ] Trio Company reports the following information for its first year of operations. Direct materials

[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
Exercise 6-1(Algo) Computing unit and inventory costs under absorption costing LO P1
Compute the product cost per unit using absorption costing.
Determine the cost of ending finished goods inventory using absorption costing.
Determine the cost of goods sold using absorption costing.
Complete this question by entering your answers in the tabs below.
Determine the cost of ending finish Required 3.
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