trio company reports the following information for its first year of operations. direct materials $ 20 per unit direct labor $ 21 per unit variable overhead $ 9 per unit fixed overhead $ 263,250 per year units produced 20,250 units units sold 15,500 units ending finished goods inventory 4,750 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.
