Trio Company reports the following information for the current year, which is its first year of operations. Direct materials 15 per unit 16 per unit $ Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inventory in units $ 3 per unit $150,000 per year 25,000 units 19,000 units 6,000 units Answer is complete but not entirely correct. 1. Compute the product cost per unit using absorption costing. Cost per unit of finished Absorption goods using: costing Direct materials per unit $ 375,000.00 Direct labor per unit 400,000.00 Variable overhead per unit 75,000.00 Fixed overhead per unit 150,000.00 Cost per unit of finished goods $ 1,000,000.00 2. Determine the cost of ending finished goods inventory using absorption costing. Cost per unit of finished Absorption goods using: costing Number of units in finished 40X goods 3. Determine the cost of goods sold using absorption costing. Cost per unit of goods sold Absorption using: costing Number of units in sold goods 240,000 $ Total cost of sold goods 240,000,000,000