Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate comple 3 Part 3 of 15 Required information The Foundational 15 (LO7-1, LO7-2, L07-3, L07-4, L07-5) (The following information applies to the questions displayed below) Diego Company manufactures one product that is sold for $80 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 40,000 units and sold 35,000 units. 1 points 01:47:36 24 Variable costs per uniti Manufacturing Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costo per year Fixed manufacturing overhead Pixed selling and administrative expense $ $ $ $ 2 $ 800,000 $ 496,000 The company sold 25,000 units in the East region and 10,000 units in the West region. It determined that $250,000 of its fixed selling and administrative expense is traceable to the West region, $150,000 is traceable to the East region, and the remaining $96,000 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. Foundational 7-3 3. What is the company's total contribution margin under variable costing? Answer is complete but not entirely correct. Total contribution margin $ 6% points Foundational 7-4 8 01:46:55 4. What is the company's net operating income (loss) under variable costing? eBook Print References