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Sted ! Required information [The following information applies to the questions displayed below) Diego Company manufactures one product that is sold for $76 per unit

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Sted ! Required information [The following information applies to the questions displayed below) Diego Company manufactures one product that is sold for $76 per unit in two geographic regions-the East and West regions. The following information pertains to the company's first year of operations in which it produced 58,000 units and sold 54,000 units Variable costs per unit: Manufacturing Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year! Fixed manufacturing overhead Fixed selling and administrative expense $ 23 $15 S3 53 5 1.160,000 $ 640,000 The company sold 40,000 units in the East region and 14,000 units in the West region. It determined that $320.000 of its fixed selling and administrative expense is traceable to the West region. $270,000 is traceable to the East region, and the remaining $50,000 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 13. Prepare a contribution format segmented income statement that includes a Total column and columns for the East and West regions. fixed selling and administrative expense is traceable to the West region, $270,000 is traceable to the East region, and the remaining $50,000 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 13. Prepare a contribution format segmented Income statement that includes a Total column and columns for the East and West regions West Income Statement Total East Company Sales $ 4,104 000 53.040,000 s Variable expenses 2.214000 1 640,000 Contribution margin 1.890.000 1.400,000 Traceabile fixed expenses 162,000 120,000 Region segment margin 1,728,000 $1,280,000 $ Common fixed expenses not traceable to regions 1,210,000 $ Net operating income 518,000 1,064,000 574,000 490,000 42.000 448.000

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