1. Business
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Trio Company reports the following information for the current year, which is its first year of operations Direct materials Direct labor Overhead costs for the year 13 per unit 17 per unit 90,000 per year 180,000 per year 22,500 units 16,500 units 6,000 units Variable overhead Fixed overhead Units produced this year Units sold this year Ending finished goods inventory in units Compute the product cost per unit using absorption costing Cost per unit of finished goods using: Absorption costing irect labor per unit able overhead per unit ixed overhead per unit irect materials per unit Cost per unit of finished goods Determine the cost of ending finished goods inventory using absorption costing Cost per unit of finished goods using: Absorption Number of units in finished goods Total cost of finished goods inventory costing Determine the cost of goods sold using absorption costing Cost per unit of goods sold using Number of units in sold goods Total cost of sold good:s Absorption costing

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