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Use the following information for the Exercise below. Algo
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The following information applies to the questions displayed below.
Trio Company reports the following information for its first year of operations.
Direct materials $ per unit
Direct labor $ per unit
Variable overhead $ per unit
Fixed overhead $ per year
Units produced units
Units sold units
Ending finished goods inventory units
Exercise Algo Computing unit and inventory costs under absorption costing LO P
Compute the product cost per unit using absorption costing.
Determine the cost of ending finished goods inventory using absorption costing.
Determine the cost of goods sold using absorption costing.
