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

Direct materials $ $14$ per unit

Direct labor $ $18$ per unit

Variable overhead $ $8$ per unit

Fixed overhead $ $250,500$ per year

Units produced $25,050$ units

Units sold $19,000$ units

Ending finished goods inventory $6,050$ units

Exercise $6-2($Algo$)$ Computing unit and inventory costs under variable costing LO P$1$

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.