Required information

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Trio Company reports the following information for its first year of operations.

Direct materials

Direct labor

Variable overhead

Fixed overhead

Units produced

Units sold

Ending finished goods inventory

$$15$ per unit

$$16$ per unit

$$4$ per unit

$$160,000$ per year

$20,000$ units

$14,000$ units

$6,000$ units

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.

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Compute the product cost per unit using absorption costing.!

Required information

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Cool Sky reports the following for its first year of operations. The company produced $44,000$ units and sold $36,000$ units

at a price of $$140$ per unit.

Direct materials

Direct labor

Variable overhead

Fixed overhead

Variable selling and administrative expenses

Fixed selling and administrative expenses

$$60$ per unit

$$22$ per unit

$$8$ per unit

$$528,000$ per year

$$11$ per unit

$$105,000$ per year

$1$a$.$ Assume the company uses absorption costing. Determine its total product cost per unit.