Question

Check my 2 Exercise 19-2 Computing unit and inventory costs under variable costing LO P1 125 points Trio Company reports the following information for the current year, which is its first year of operations. (Round intermediate calculations and final answers to two decimal places.) eBook $ 9.00 per unit 10.00 per unit Hint Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced this year Unito old this year Ending finished goods inventory in units $ 122,000 per year $ 250,000 per year 34,400 units 26,000 units 8.400 units Print References

Answer 1

Solution production Cost per unit using variable Costing Direct Material per unit per unit Direct Labour Vastlabte overhead (172000/34400) ..cost per unit of finished goods a 10 5 . computation the cost of ending finished goods Inventory using variable costing Method. Number of units of finished goods 8400 units Cost of goods in ending Inventory [8400 X244 201600 1 20 Computation of cost of goods sold using variable costing Number of units in goods sold 26000 cost of goods sold [26000 X 24 ] 624000