10. What would have been the company's variable costing net operating income (loss) if it had produced and sold 54,000 units? 11. What would have been the company's absorption costing net operating income (loss) if it had produced and sold 54,000 units? Required information [The following information applies to the questions displayed below] Diego Company manufactures one product that is sold for $76 per unit in two geographic regions-East and West. The following information pertains to the company's first year of operations in which it produced 58,000 units and sold 54,000 units. The company sold 40,000 units in the East region and 14,000 units in the West region. It determined $320,000 of its fixed selling and administrative expense is traceable to the West region, $270,000 is traceoble to the East region, and the remaining $50,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. 12. If the company produces 4,000 fewer units than it sells in its second year of operations, will absorption costing net operating income be higher or lower than variable costing net operating income in Year 2 ? Higher Lower 7. What is the difference between the variable costing and absorption costing net operating incomes (losses)? Note: Enter any losses or deductions as a negative value. 13. Prepare a contribution format segmented income statement that includes. Total column and columns for the East and West regions