Question 8 8.33 pts The Red Diamond Co. produces a single product. Last year, the company had net operating income of $100,000 using variable costing. Beginning and ending inventories were 10,000 units and 15,000 units, respectively. If the fixed manufacturing overhead cost was $4 per unit both last year and this year, what would have been the net operating income using absorption costing? O $80,000 $120,000 $172,000 $100,000 Question 9 8.33 pts The Yellow Diamond Corporation has two divisions: the East Division and the West Division. The corporation's net operating income is $20,000. The East Division's divisional segment margin is $40,000 and the West Division's divisional segment margin is $20,000. What is the amount of the common fixed expense not traceable to the individual divisions? $60,000 $70,000 $50,000 O $40,000