Trio Company reports the following information for its first year of operations. Determine the cost of goods sold using absorption costing.

Direct materials $ $15$ per unit

Direct labor $ $19$ per unit

Variable overhead $ $6$ per unit

Fixed overhead $ $369,000$ per year

Units produced $20,500$ units

Units sold $16,000$ units

Ending finished goods inventory $4,500$ units

Compute the product cost per unit using absorption costing.

Determine the cost of ending finished goods inventory using absorption costing.

Determine the cost of goods sold using absorption costing.