Questions

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?

Foundational LLO6-1. LO6-2, LO6-3, LO6-4] [The following information applies to the questions displayed below) Diego Company manufactures one product that Is sold for $TT per unit in two geographic regions--the East and West regions. The following information p to the company's first year of operations in which it produced units and sold units. Variable costs per unlt: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead 864,000 Fixed selling and administrative expenses 456,000 The company sold 33,000 units in the East region and 10,000 units in the West region. lt determined that $220,000 of its fixed selling and administrative expenses is traceable to the West region, $170,000 ls traceable to the East region, and the remaining $66,000 is a common fixed cost. The condpany 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. References