Compute its product cost per unit using absorption costing. Cost per unit of finished goods using: Absorption costing Direct materials per unit 7.00 Direct labor per unit 9.00 Variable overhead per unit 4.00 Fixed overhead per unit 10.00 Cost per unit of finished goods 30.00 2. Determine the cost of ending finished goods inventory using absorption costing. Cost per unit of finished goods using: Absorption costing Number of units in finished goods Cost per unit of finished goods 30.00 Total cost of finished goods inventory 3. Determine the cost of goods sold using absorption costing. Cost per unit of goods sold using: Absorption costing Number of units in sold goods Cost per unit of finished goods 30.00 Total cost of sold goods 225,000 7,500
