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Trio Company reports the following information for its first year of operations. Direct materials Direct labor Variable overhead Fixed overhead $ 13 per unit
Trio Company reports the following information for its first year of operations. Direct materials Direct labor Variable overhead Fixed overhead $ 13 per unit $ 17 per unit $7 per unit $ 220,950 per year Units produced Units sold Ending finished goods inventory 1. Compute the product cost per unit using absorption costing. 24,550 units 18,000 units 6,550 units 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: Product cost per unit. Absorption costing
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