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Required information TThe following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $70 per unit in two geographic regions - East and West. The fotlowing information pertains to the company's first year of operations in which it produced 53,000 units and soid 48,000 units: The company sold 36,000 units in the East region and 12,000 units in the West region. It determined that $270,000 of its fixed selling and administrative expense is traceable to the West region, $220.000 is traceable to the East reglon, and the remaining $67,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufocturing overhead costs as long as it continues to produce any amount of its only product. 6. What is the company's net operating income (foss) under absorption costing? Required informatlon [The following information applies to the questions displayed below] Diego Company manufactures one product that is sold for $70 per unit in two geographic fegions-East and West. The following information pertains to the company's first year of operations in which it produced 53,000 units and sold 48.000 units. The company soid 36,000 units in the East region and 12,000 units in the West region. It determined that $270,000 of its fixed selling and administrative expense is traceable to the West region, $220,000 is traceable to the East region, and the remaining $67,000 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. 7. What is the difference between the variable costing and absorption costing net operating incomes (losses)? Kequired intormation [The following information applies to the questions displayed belowi] Diego Company manufactures one product that is sold for $70 per unit in two geographic regions-East and West. The following information pertains to the company's first year of operations in which it produced 53,000 units and sold 48,000 units. The company sold 36,000 units in the East region and 12,000 units in the West region. It determined that $270,000 of its fixed selling and administrative expense is traceable to the West region, $220.000 is traceable to the East region, and the remaining $67,000 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. 7. What is the difference between the variable costing and absorption costing net operating incomes (losses)