Business, 06.05.2020 02:10 MileenaKitana
Trio Company reports the following information for the current year, which is its first year of operations. Assume instead that Trio Company uses variable costing. Direct materials $ 12.50 per unit Direct labor $ 13.50 per unit Overhead costs for the year Variable overhead $ 8.50 per unit Fixed overhead $ 320,000 per year Units produced this year 29,500 units Units sold this year 22,500 units Ending finished goods inventory in units 7,000 unitsa) Compute the cost per unit using variable costing.
b) Determine the cost of ending finished goods inventory using variable costing.
c) Determine the cost of goods sold using variable costing.
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Trio Company reports the following information for the current year, which is its first year of oper...
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