Use the following information for the Exercise below. (Algo)

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[The following information applies to the questions displayed below.] Trio Company reports the following information for its first year of operations.

Direct materials	$ 15	per unit
Direct labor	$ 19	per unit
Variable overhead	$ 9	per unit
Fixed overhead	$ 281,050	per year
Units produced	25,550	units
Units sold	15,000	units
Ending finished goods inventory	10,550	units

Exercise 6-2 (Algo) Computing unit and inventory costs under variable costing LO P1

Assume instead that Trio Company uses variable costing. 1. Compute the product cost per unit using variable costing. 2. Determine the cost of ending finished goods inventory using variable costing. 3. Determine the cost of goods sold using variable costing.

Complete this question by entering your answers in the tabs below.

Required 1

Required 2

Required 3

Compute the product cost per unit using variable costing.

Product cost per unit of finished goods using:	Variable costing
		per unit
Total product cost per unit

Required

Determine the cost of ending finished goods inventory using variable costing.

Cost per unit of finished goods using:	Variable costing
Total product cost per unit
Number of units in finished goods
Cost of ending finished goods inventory

Determine the cost of goods sold using variable costing.

Cost per unit of goods sold using:	Variable costing
Total product cost per unit
Number of units sold
Cost of sold goods