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Trio Company reports the following information for the current year, which is its first year of operations 15 per u Direct materials Direct labor Overhead

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Trio Company reports the following information for the current year, which is its first year of operations 15 per u Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inve 80,000 per ye 160,000 per ye 20,000 units 14,000 units 6,000 Compute the product cost per unit using absorption costing. Cost per unit of finished goods using: Absorption costing Fixed overhead per unit $ 160,000 LLLL 1 11 Cost per unit of finished goods S 160,000 Determine the cost of ending finished goods inventory using absorption costing. Cost per unit of finished goods using: Absorption costing Number of units in finished goods Total cost of finished goods inventory Determine the cost of goods sold using absorption costing. Cost per unit of goods sold using Absorption costing Number of units in sold goods Total cost of sold goods

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