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Required information fThe foiiowing information appiies to the questions displayed below] Diego Company manufactures one product that is sold for $?8 per unit. The following
Required information fThe foiiowing information appiies to the questions displayed below] Diego Company manufactures one product that is sold for $?8 per unit. The following information pertains to the company's first year of operations in which it produced 60,000 units and sold 55,000 units. Variable costs per unit: Manufacturing: Direct materials $ 28 Direct labour $ 12 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $1,266,688 Fixed selling and administrative expenses $ 654,698
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