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PLEASE HELP.....READ EACH QUESTION VERY CAREFULLY. D'Souza Company sold 10,000 units of its product at a price of $80 per unit. Total variable cost is

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D'Souza Company sold 10,000 units of its product at a price of $80 per unit. Total variable cost is $50 per unit, consisting of $40 in variable production cost and $10 in variable selling and administrative cost. Compute the manufacturing (production) margin for the company under variable costing. D'SOUZA COMPANY Manufacturing Margin Units per unit Total Less: values 2.00 points D'Souza Company sold 10,000 units of its product at a price of $80 per unit. Total variable cost is $50 per unit, consisting of $40 in variable production cost and $10 in variable selling and administrative cost. Compute the contribution margin for this company D'SOUZA COMPANY Contribution Margin Units per unit Total 2.00 points Diaz Company reports the following variable costing income statement for its single product. This company's sales totaled 50,000 units, but its production was 80,000 units. It had no beginning finished goods inventory for the current period. $ 3.000.000 Diaz COMPANY Income Statement (Variable Costing) Sales (50,000 units x $60 per unit) Variable expenses Variable manufacturing expense (50,000 units X $28 per unit) Variable selling and admin. expense (50,000 units * $5 per unit) 1.400.000 250,000 Total variable expenses 1,650,000 1,350,000 Contribution margin Fixed expenses Fixed overhead Fixed selling and administrative expense 320,000 160,000 Total fixed expenses 480,000 Net income $ 870,000 1. Convert Diaz's variable costing income statement to an absorption costing income statement DIAZ COMPANY Absorption Costing Income Statement Selling general and administrative expenses Net income (loss)

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