Required Informetlon The following Information applies to the questions displayed below Diego Company manufactures one product that Is sold for $80 per unit In two geographlc regions-the East and West regions. The following Information pertalns 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 material:s 24 Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year Fixed manufacturing overhead Fixed selling and administrative expense 800, 000 $ 496, 000 The company sold 25,000 unlts In the East region and 10,000 units in the West reglon. It determined that $250,000 of its fixed selling and administrative expense is traceable to the West region, $150,000 Is traceable to the East region, and the remalning $96,000 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. 11. What would have been the company's absorption costing net operating Income (loss) if It had produced and sold 35,000 units? You do not need to perform any calculations to answer this question. et operating loss