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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 the following information for

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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 the following information for its first year of operations Direct materials Direct labor Variable overhead Fixed overhead Units produced Units sold Ending finished goods inventory $ 16 per unit $ 17 per unit $5 per unit $ 180,450 per year 20,050 units 14,500 units 5,550 units Exercise 6-1 (Algo) Computing unit and inventory costs under absorption costing LO P1 1. Compute the product cost per unit using absorption costing 2. Determine the cost of ending finished goods inventory using absorption costing 3. Determine the cost of goods sold using absorption 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 absorption costing, Product cost per unit of finished goods using: Absorption costing Product cost per unit Harent Required 2 > Ferences Required 1 Required 2 Required 3 Determine the cost of ending finished goods inventory using absorption costing, Absorption costing Cost per unit of finished goods using: Product cost per unit Number of units in finished goods Cost of finished goods inventory Required Required 2 Required 3 Determine the cost of goods sold using absorption costing, Absorption costing Cost per unit of goods sold using: Product cost per unit Number of units sold Cost of sold goods

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