Trio Company reports the following information for the current year, which is its first year of operations.

Direct Materials	$15 per unit
Direct Labor	$16 per unit
Overhead costs for the year Variable Overhead Fixed Overhead	$80,000 per year $160,000 per year
Units Produced this year	20,000 units
Units Sold This year	14,000 units
Ending Finished Goods Inventory this year	6,000 units

1. Compute the cost per unit using absorption costing._{(check #1 - Absorption cost per unit, #43)}

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

3. Determine the cost of goods sold using absorption costing.