Business, 21.04.2020 04:40 Ayalij

Trio Company reports the following information for the current year, which is its first year of operations.

Direct materials $11 per unit
Direct labor $19 per unit
Overhead costs for the year
Variable overhead $ 2 per unit
Fixed overhead $90,000 per year
Units produced this year 22,500 units
Units sold this year 16,500 units
Ending finished goods inventory in units 6,000 units

Compute the cost per unit of finished goods using 1) absorption costing and 2) variable costing.

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Trio Company reports the following information for the current year, which is its first year of oper...