Question: ! Required information Use the following information for the Exercise below. ( Algo ) [ The following information applies to the questions displayed below. ]
Required information
Use the following information for the Exercise below. Algo
The following information applies to the questions displayed below.
Trio Company reports the following information for its first year of operations.
tableDirect materials,$ per unitDirect labor,$ per unitVariable overhead,$ per unitFixed overhead,$ per yearUnits produced, unitsUnits sold, unitsEnding finished goods inventory, units
Exercise Algo Computing unit and inventory costs under variable costing LO P
Assume instead that Trio Company uses variable costing.
Compute the product cost per unit using variable costing.
Determine the cost of ending finished goods inventory using variable costing.
Determine the cost of goods sold using variable costing.
Complete this question by entering your answers in the tabs below.
Required
Required
Compute the product cost per unit using variable costing.
Product cost per unit of finished goods using:
Variable costing
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