Trio Company reports the following information for its first year of operations.

Direct materials $ 16 per unit Direct labor $ 20 per unit Variable overhead $ 7 per unit Fixed overhead $ 390,450 per year Units produced 20,550 units Units sold 15,500 units Ending finished goods inventory 5,050 units

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.

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