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Use the following information for the Exercise below. ( Algo ) [ The following information applies to the questions displayed below. ] Trio Company reports
Use the following information for the Exercise below. Algo
The following information applies to the questions displayed below.
Trio Company reports the following information for its first year of operations.
tableDirect materials,$ per unitDirect labor,$ per unitVariable overhead,$ per unitFixed overhead,$ per yearUnits produced, unitsUnits sold, unitsEnding finished goods inventory, units
Exercise Algo Computing unit and inventory costs under absorption costing LO P
Compute the product cost per unit using absorption costing.
Determine the cost of ending finished goods inventory using absorption costing.
Determine the cost of goods sold using absorption costing.
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Determine the cost of goods sold using absorption costing.
tableCost per unit of goods sold using:,Absorption costingProduct cost per unit,Number of units sold,Cost of sold goods,
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