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Trio Company reports the following information for its first year of operations. Direct materials $ 15 per unit Direct labor $ 16 per unit Variable

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 14,000 units
Ending finished goods inventory 6,000 units

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.

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Complete this question by entering your answers in the tabs below. Compute the product cost per unit using absorption costing. Complete this question by entering your answers in the tabs below. Determine the cost of ending finished goods inventory using absorption costing. Complete this question by entering your answers in the tabs below. Determine the cost of goods sold using absorption costing

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