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Exercise 6-1 Computing unit and inventory costs under absorption costing LO P1 Trio Company reports the following information for the current year, which is its finst year of operations. Direct materials 4 per unit 17 per unit Direct labo Overhead costs for the year Variable overhead 90,000 per year Fixed overhead $180,000 per year Units produced this year 22,500 units Units sold this year 16,500 units Ending finished goods inventory in units 6,000 units Compute the cost per unit using absorption costing Determine the cost of goods sold using absorption costing
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