7. What is the amount of the difference between the variable costing and absorption costing net operating in comes losses? Difference of Variable Costing and Absorption Costing Net Operating Incom Required Information Variable costing net operating income (loss) Absorption costing net operating income (los) The following information applies to the questions displayed below! Diego Company manufactures one product that is sold for $78 per unit in two geographic regions--the East and West regions. The following information pertains to the company's first year of operations in which it produced 58.000 unts and sold 54,000 units Variable costs per unit Manufacturing Direct materials Direct labor Variable manufacturing overed Variable sing and ad v e Fixed costs per year Fored manufacturing overhead Feeding and administrative expenses References eBook & Resources 5 000 $ 640.000 to Worksheet go Looming Objective: 05-01 Explain how variable con ditions from absorption casting and compute unit product O nderbach method The company sold 40.000 units in the East region and 14.000 n e I determined that $320.000 of steeds and w e traceable to the West region $270.000 traceable ore Estregon and the remaining 350 000 is a common feed cost. The company .com uns Leaming Objective: 05-02 Prepare come statements us ng both van tion costing Difficulty: 2 Medium 7. What is the amount of the difference between the variable costing and absorption costing net operating in comes losses? Difference of Variable Costing and Absorption Costing Net Operating Incom Required Information Variable costing net operating income (loss) Absorption costing net operating income (los) The following information applies to the questions displayed below! Diego Company manufactures one product that is sold for $78 per unit in two geographic regions--the East and West regions. The following information pertains to the company's first year of operations in which it produced 58.000 unts and sold 54,000 units Variable costs per unit Manufacturing Direct materials Direct labor Variable manufacturing overed Variable sing and ad v e Fixed costs per year Fored manufacturing overhead Feeding and administrative expenses References eBook & Resources 5 000 $ 640.000 to Worksheet go Looming Objective: 05-01 Explain how variable con ditions from absorption casting and compute unit product O nderbach method The company sold 40.000 units in the East region and 14.000 n e I determined that $320.000 of steeds and w e traceable to the West region $270.000 traceable ore Estregon and the remaining 350 000 is a common feed cost. The company .com uns Leaming Objective: 05-02 Prepare come statements us ng both van tion costing Difficulty: 2 Medium