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Trio Company reports the following Information for the current year, which is its first year of operations. (Round Intermedlate calculatlons and final answers to two decimal places.) $ .50 per unit Direct materi교 Direct labor S 9.50 per unit 157. 950 per ear $ 240.000 per year 35,100 unit 26,500 units 8,600 units Variable orerhead xed overhead Units produced this yea Units sold this year Ending finished goods inventory in units the product cost per unit using variable costing. Cost per unit of finished goods using: Variable costing Cost per unit of finished goods variable costing. Cost per unit of finished goods using: Number of units in finished goods Total cost of finished goods inventory Determine the cost of goods sold using variable costing. Cost per unit of goods sold using Number of units in sold goods Total cost of sold goods e the cost of ending finished goods inventory using Variable costing Variable costing

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Solution: Compute the Product cost per unit using variable costin Cost per unit of finished goods usin Direct materials per unit Direct labor per unit Variable overhead per unit (157950/35100) Variable costing 8.50 9.50 4.50 Cost per unit of finished goods Determine the cost of ending finished goods inventory using variable costin Cost per unit of finished goods usin Number of units in finished goods Total cost of finished goods inventory (8600 22.50) Determine the cost of goods sold using variable costin Cost per unit of goods sold usin Number of units in sold goods Total cost of sold goods 22.50 Variable costing 8600 193500 Variable costing 26500 596250 26500 22.50

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