Required information The Foundational 15 (Algo) [LO4-1, LO42, LO4-3, LO4-4, LO4-5] [The following information applies to the questions displayed below] Diego Company manufactures one product that is sold for $77 per unit in two geographic regionsEast and West. The following information pertains to the company's first year of operations in which it produced 59,000 units and sold 54,000 units. Variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor $ 10 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,298,000 Fixed selling and administrative expense $ 662,000 The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 4-1 (Algo) Required: 1. What is the unit product cost under variable costing? 0 Answer is complete but not entirely correct. Unit product coal 3 41 B The Foundational 15 (Algo) [L04-1, LO4-2, L04-3, LO4-4, LO4-5] [The following information applies to the questions displayed below] Diego Company manufactures one product that is sold for $77 per unit in two geographic regionsEast and West. The following information pertains to the company's first year of operations in which it produced 59,000 units and sold 54,000 units. Variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor $ 16 Variable manufacturing overhead 5 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,298,666 Fixed selling and administrative expense $ 662,666 The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 4-3 (Algo) 3. What is the company's total contribution margin under variable costing? 9 Answer is complete but not entirely correct. Required information The Foundational 15 (Algo) [LO4-1, LO42, LO4-3, LO4-4, LO4-5] [The following Information applies to the questions displayed below] Diego Company manufactures one product that is sold for $77 per unit in two geographic regionsEast and West. The following information pertains to the company's first year of operations in which it produced 59,000 units and sold 54,000 units. Variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor $ 19 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,298,668 Fixed selling and administrative expense $ 662,668 The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 4-4 (Algo) 4. What is the company's net operating income (loss) under variable costing? 9 Answer is complete but not entirely correct. Net operating loss a 3 72,000 8 Required information The Foundational 15 (Algo) [LO4-'l, L04-2, LO4-3, L04-4, LO4-5] [ The following information applies to the questions displayed below] Diego Company manufactures one product that is sold for $77 per unit in two geographic regionsEast and West. The following information pertains to the company's first year of operations in which it produced 59,000 units and soid 54,000 unns Variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor $ 16 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,298,806 Fixed selling and administrative expense $ 662,506 The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 4-5 (Algo) 5. What is the company's total gross margin under absorption costing? 6 Answer is complete but not entirely correct. Total gross margin $ 810,000 9 Required information The Foundational 15 (Algo) [LO4-1, LO42, L04-3, L044, L04-5] [The following information applies to the questions displayed below] Diego Company manufactures one product that is sold for $77 per unit in two geographic regionsEast and West. The following information pertains to the company's first year of operations in which it produced 59,000 units and sold 54,000 units. Variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor 3; 16 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,298,600 Fixed selling and administrative expense 3 662,666 The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 4-6 (Algo) 6. What is the company's net operating income (loss) under absorption costing? 0 Answer is complete but not entirely correct. Net operating income 0 $ 8,0000 Required information The Foundational 15 (Algo) [LO4-1, LO4-2, LO4-3, LO44, L04-5] [The following Information applies to the questions displayed below. ] Diego Company manufactures one product that is sold for $77 per unit in two geographic regionsEast and West. The following information pertains to the company's first year of operations in which it produced 59,000 units and sold 54,000 units. Variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor $ 18 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,298,000 Fixed selling and administrative expense $ 662,086 The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 4-7 (Algo) 7. What is the difference between the variable costing and absorption costing net operating incomes (losses)? 9 Answer is complete but not entirely correct. Variable costing net operating income (loss) $ 3,000 0 Deduct: Fixed manufacturing overhead cost deferred in inventory under absorption costing a 72,000 a Absorption costing net operating income (loss) $ 80,000 a Required information The Foundational 15 (Algo) [LO4-1, LO4-2, LO4-3, LO4-4, LO4-5] [The following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $77 per unit in two geographic regions-East and West. The following information pertains to the company's first year of operations in which it produced 59,000 units and sold 54,000 units. variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor $ 10 Variable manufacturing overhead $ 2 Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead $ 1, 298, 000 Fixed selling and administrative expense $ 662, 000 The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. oundational 4-8 (Algo) What is the company's break-even point in unit sales? x Answer is complete but not entirely correct. Break even 51,429 x units pointRequired information The Foundational 15 (Algo) [LO4-1, LO4-2, LO4-3, L044, L04-5] [ The following Information applies to the questions displayed below. J Diego Company manufactures one product that is sold for $77 per unit in two geographic regionsEast and West. The following information pertains to the company's first year of operations in which it produced 59,000 units and sold 54000 units. Variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor $ 19 Variable manufacturing overhead 3 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,298,609 Fixed selling and administrative expense $ 662,099 The company sold 41000 units in the East region and 13.000 units in the West region. It determined that $330000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 4-9 (Algo) 9. If the sales volumes in the East and West regions had been reversed. what would be the company's overall break-even point in unit sales? 0 Answer is complete but not entirely correct