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[The following information applies to the questions displayed below.] Trio Company reports the following information for its first year of operations.

Direct materials	$ 18	per unit
Direct labor	$ 19	per unit
Variable overhead	$ 7	per unit
Fixed overhead	$ 221,650	per year
Units produced	20,150	units
Units sold	15,500	units
Ending finished goods inventory	4,650	units

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. 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

Determine the cost of ending finished goods inventory using absorption costing.

Cost per unit of finished goods using:	Absorption costing
Product cost per unit
Number of units in finished goods
Cost of ending finished good inventory

Determine the cost of goods sold using absorption costing.

Cost per unit of goods sold using:	Absorption costing
Product cost per unit
Number of units sold
Cost of sold goods