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Trio Company reports the following information for the current year, which is its first year of operations. |Direct materials|$15 per unit |Direct labor|$18 per unit
Trio Company reports the following information for the current year, which is its first year of operations.
|Direct materials|$15 per unit
|Direct labor|$18 per unit
|Overhead costs for the year|
|Variable overhead|$60,000 per year
|Fixed overhead|$120,000 per year
|Units produced this year |20,000 units
|Units sold this year |14,000 units
|Ending finished goods|6,000 units
Compute the cost per unit using absorption costing and then using variable costing.
Do not copy from Chegg and give complete answer with explanation
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