Exercise 19-1 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. 5 11 per unit 19 per unit Direct materials Direct labor Overhead coats for the year Variable overhead Fixed overhead Units produced this year Units sold this year Finding tinished goods inventory in unito 5 2 per unit $90.000 per year 22,500 units 16,500 units 6.000 unite 1. Compute the product cost per unit using absorption costing Cost per unit of finished goods using: Absorption costing Cost per unit of finished goods 2. Determine the cost of ending finished goods inventory using absorption conting Cost per unit of finished goods uning: Absorption coating Number of unit in finished goods Toti cont of finished goods inventory 3. Determine the cost of goods sold using absorption costing Cont per unit of goods sold using Absorption costing Number of units in old goods Total cost of sold goods