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There's a Total of 6 Questions that share the same reference Required information [The following information applies to the questions displayed below.] Trio Company reports
There's a Total of 6 Questions that share the same reference
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 $ 15 per unit Direct labor $ 16 per unit Variable overhead $ 4 per unit Fixed overhead $ 160, 000 per year Units produced 20, 000 units Units sold 14,900 units Ending finished goods inventory 6,000 units1. 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. 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. x Answer is not complete. 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. Cost per unit of finished goods using: Absorption costing Cost per unit of finished goods 6,000 x Number of units in finished goods 258,000 x Cost of ending finished goods inventory 1,548,000,000 Required 1 Required 3 >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. * Answer is not complete. 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: Absorption costing Cost per unit of finished goods 14,000 x Number of units sold 490,000 x Cost of sold goods 6,860,000,000 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 0 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 ending finished goods inventory Assume instead that Trio Company.I 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 oosnu Total product oust per unit Number of units sold Cost of sold goods ( Required 2Step by Step Solution
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