Computing unit and inventory costs under absorption costing LO P1 Trio Company reports the following information for the current year, which is its first year of operations. Direct materials $ 15 per unit Direct labor $ 16 per unit Overhead costs for the year Variable overhead $ 80,000 per year Fixed overhead $ 160,000 per year Units produced this year 20,000 units Units sold this year 14,000 units Ending finished goods inventory in units 6,000 units Compute the cost per unit using absorption costing