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7. What is the amount of the difference between the variable costing and absorption costing net operating incomes (losses)? Required informotion The Foundational 15 (Algo)

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7. What is the amount of the difference between the variable costing and absorption costing net operating incomes (losses)? Required informotion The Foundational 15 (Algo) [LO7-1, L07.2, L07.3, L07.4, LO7.5] (The following information appiles to the questions displayed below! Diego Company manufactures one product that is sold for $70 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 41,000 units and sold 36000 units. The company sold 26,000 units in the East region and 10,000 units in the West region. It determined that $150,000 of its fixed selling and administrative expense is traceable to the West region, $100,000 is traceable to the East region, and the remaining $58.000 is a common fxed 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. 3. What is the company's total contribution margin under variable costing? 5. What is the company's total gross margin under absorption costing? a. What is the company's break-even point in unit sales? b. Is it above or below the actual unit sales? Below Above 4. What is the company's net operating income (loss) under variable costing? 9. If the sales volumes in the East and West regions had been reversed, what would be the company's overall break-even point in unit sales? 6. What is the company's net operating income (loss) under absorption costing

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