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Required information [The following information applies to the questions displayed below. Diego Company manufactures one product that is sold for $71 per unit. The following

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Required information [The following information applies to the questions displayed below. Diego Company manufactures one product that is sold for $71 per unit. The following information pertains to the company's first year of operations in which it produced 42,000 units and sold 37,000 units. Variable costs per unit: Manufacturing Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs per year! Fixed manufacturing overhead Pixed selling and administrative expenses $ $ $ $ 21 12 3 $840,000 $330,000 Required: 1. What is the unit product cost under variable costing? Unit product cost 2. What is the unit product cost under absorption costing? Unit product cost 3. What is the company's total contribution margin under variable costing? Total Contribution margin 4. What is the company's net operating income (loss) under variable costing

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