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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
$15 per unit
$16 per unit
$4 per unit
$160,000 per year
20,000 units
14,000 units
6,000 units
Exercise 6-2(Static) Computing unit and inventory costs under variable costing LO P1
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.
Complete this question by entering your answers in the tabs below.
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Determine the cost of ending finished goods inventory using variable costing.
\table[[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,]]
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