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Trio Company reports the following information for the current year, which is its first year of operations. Direct materials Direct labor Overhead costs for
Trio Company reports the following information for the current year, which is its first year of operations. Direct materials Direct labor Overhead costs for the year Variable overhead 15 per unit 18 per unit $ 4 per unit Fixed overhead $ 200,000 per year Units produced this year 25,000 units Units sold this year Ending finished goods inventory in units 19,000 units 6,000 units 1. Compute the product cost per unit using absorption costing. Cost per unit of finished goods using: Absorption osting
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