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 54,000 units and sold 49,000 units. 22 12 Variable costs per unit: Manufacturing: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expenses A GA GA GA $ $864,000 $586,000 7. What is the amount of the difference between the variable costing and absorption costing net operating incomes (losses)? $ Difference of Variable Costing and Absorption Costing Net Operating Incomes Variable costing net operating income (loss) Deduct: Fixed manufacturing overhead cost released from inventory under absorption costing Absorption costing net operating income (loss) x (29,000) 51,000 X (80,000) X $