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Trio Company reports the following information for the current year, which is its first year of operations. Assume instead that Trio Company uses variable costing.

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Trio Company reports the following information for the current year, which is its first year of operations. Assume instead that Trio Company uses variable costing. (Round intermediate calculations and final answers to two decimal places.) 9.50 per unit 10.50 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Units sold this year Endine finished goods inventory In units 5.50 per unit $ 260,00 per year 33,700 units 25,500 units 8,200 units Compute the product cost per unitsing variabili costing Cost per unit of finished goods using: Variable costing Direct materials per unit 9.50 Direct labor por unit 10.50 Variable overhead per unit 5.50 Cost per unit of finished goods $ 25,50 2. Determine the cost of ending finished goods inventory using variable costing 1. Compute the product cost per unit using variable costing. Cost per Variable costing $ 9.50 $ per unit of finished goods using: Direct materials per unit Direct labor per unit (Variable overhead per unit 10.50 5.50 Cost per unit of finished goods $ 25.50 2. Determine the cost of ending finished goods inventory using variable costing. Cost per unit of finished goods using: Variable costing Number of units in finished goods 8,200 Total cost of finished goods inventory $ 209.100 3. Determine the cost of goods sold using variable costing. Cost per unit of goods sold using: Variable costing Number of units in sold goods 25,500 Total cost of sold goods 650.250 6

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