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please answer completely Diego Company manufactures one product that is sold for $81 per unit in two geographic re- gions-the East and West regions. The
please answer completely
Diego Company manufactures one product that is sold for $81 per unit in two geographic re- gions-the East and West regions. The following information pertains to the company's first year of operations in which it produced 52,000 units and sold 47,000 units. Variable costs per unit Manufacturing: Direct materials Direct la bor 20 20 Varia ble manufacturing overhead Variable seling and adm inistrative Fixed costs per year 936,000 Foxed manufacturimg overhead Fixed selling and administratire expenses 552,000 The company sold 35,000 units in the East region and 12,000 units in the West region. It determined that $260,000 of its fixed selling and administrative expenses is traceable to the West region, $210,000 is traceable to the East region, and the remaining $82,000 is a common fixed cost. 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. 1. What is the unit product cost under variable costing? 2. What is the unit product cost under absorption costing? 3. What is the company's total contribution margin under variable costing? 4. What is the company's net operating income (loss) under variable costing? 5. What is the company's total gross margin under absorption costing? 6. What is the company's net operating income (loss) under absorption costingStep by Step Solution
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