Required information [The following information applies to the questions displayed below. ] Diego Company manufactures one product that is sold for $80 per unit. The following information pertains to the company's first year of operations in which it produced 40,000 units and sold 35,000 units. Variable costs per unit: Manufacturing: Direct materials 5 24 Direct labour $ 14 Variable manufacturing overhead $ 2 Variable selling and administrative $ 4 Fixed costs per year: Fixed manufacturing overhead $800,000 Fixed selling and administrative expenses $496,000 4. What is the company's net operating income under variable costing? :ZI " Required information [The following information applies to the questions displayed below. ] Diego Company manufactures one product that is sold for $80 per unit. The following information pertains to the company's first year of operations in which it produced 40,000 units and sold 35,000 units. Variable costs per unit: Manufacturing: Direct materials $ 24 Direct labour $ 14 Variable manufacturing overhead $ 2 Variable selling and administrative $ 4 Fixed costs per year: Fixed manufacturing overhead $800,000 Fixed selling and administrative expenses $496,000 9. What would have been the company's variable costing net operating income (loss) if it had produced and sold 35,000 units? :ZI