Required information [The following information applies to the questions displayed below} Diego Company manufactures one product that is sold for $703 per unit. The following information pertains to the com pany's first year of operations in which it produced 00,000 units and sold 55,000 units. Variable costs per unit: Manufacturing: Direct materials $ 20 Direct labour $ 12 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $1,200,000 Fixed selling and administrative expenses $ 054,000