Diaz Company reports the following variable costing income statement for its single product. This company's sales totaled 58.000 units, but its production was 88.000 units. It had no beginning finished goods inventory for the current period $3,944,000 DIAY COMPANY Income Statement (Variable Costing) Sales (5,000 units * $68.00 per unit) Variable expenses Variable manufacturing expense (58,000 units $28.00 per unit) Variable selling and admin. expense (58,000 units $5.00 per unit) Total variable expenses Contribution margin Fixed expenses Fixed averhead Fixed selling and administrative Total fixed expenses lit 141 14 1.570,400 336, 400 2.886,500 1,937,200 422,400 211,200 633, 60 $1,303,600 1. Convert Diar's variable costing Income statement to an absorption costing income statement. 2. Fill in the blanks: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Convert Diar's variable costing Income statement to an absorption costing income statement DIAZ COMPANY Convert Diaz's variable costing income statement to an absorption costing income statement. DIAZ COMPANY Absorption Costing Income Statement Sales Selling general and administrative expenses Net income (loss) Required 2 > Required 1 Required 2 Fill in the blanks: (Round the fixed overhead per unit to two decimal places.) The dollar difference in variable casting income and absorption costing in come units Txed overhead per unit