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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.
\table[[Direct materials,$14 per unit],[Direct labor,$18 per unit],[Variable overhead,$5 per unit],[Fixed overhead,$347,650 per year],[Units produced,20,450 units],[Units sold,17,500 units],[Ending finished goods inventory,2,950 units]]
Exercise 19-1(Algo) Computing unit and inventory costs under absorption costing LO P1
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.
Complete this question by entering your answers in the tabs below.
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Required 3
Determine the cost of ending finished goods inventory using absorption costing.
\table[[Cost per unit of finished goods using:,Absorption costing],[Product cost per unit,],[Number of units in finished goods,],[Cost of ending finished goods inventory,]]
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