Business, 10.06.2020 15:57 martinez6221

Trio Company reports the following information for the current year, which is its first year of operations. Direct materials $15 per unit
Direct labor $15 per unit
Overhead costs for the year
Variable overhead $3 per unit
Fixed overhead $120,000 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
1. Compute the cost per unit using absorption costing and then using variable costing2. Determine the cost of ending finished goods inventory using absorption costing and then using variable costing3. Determine the cost of goods sold using variable costing and then using variable costing

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