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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
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
$ per unit
$ per unit
$ per unit
$ per year
units
units
units
Exercise Static Computing unit and inventory costs under variable costing LO P
Assume instead that Trio Company uses variable costing.
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.
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Determine the cost of ending finished goods inventory using variable costing.
tableCost per unit of finished goods using:,Variable costingTotal product cost per unit,Number of units in finished goods,Cost of ending finished goods inventory,
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