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URGENT 12 part question Required information The Foundational 15 (Algo) (L07-1, L07-2, LO7-3, L07-4, LO7-5) [The following information applies to the questions displayed below) Diego
URGENT
Required information The Foundational 15 (Algo) (L07-1, L07-2, LO7-3, L07-4, LO7-5) [The following information applies to the questions displayed below) Diego Company manufactures one product that is sold for $70 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 41,000 units and sold 36,000 units Variable costs per unit: Manufacturing: Direct materials $20 Direct labor $ 10 Variable manufacturing overhead $2 Variable selling and administrative $4 Tixed costs per year Yixed manufacturing overhead 5 984,000 Fixed telling and administrative expense $ 300,000 The company sold 26,000 units in the East region and 10,000 units in the West region. It determined that $150,000 of its fixed selling and administrative expense is traceable to the West region, $100,000 is traceable to the East region, and the remaining $58,000 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 7-1 (Algo) Required: 1. What is the unit product cost under variable costing? Un product cout Foundational 7-2 (Algo) 2. What is the unit product cost under absorption costing? Unit product cost Verriedd costs as long as ontinues to produce any amount of its only pro Foundational 7-3 (Algo) 3. What is the company's total contribution margin under variable costing? Total contribution margin Foundational 7-4 (Algo) 4. What is the company's net operating income (loss) under variable costing? Foundational 7-5 (Algo) 5. What is the company's total gross margin under absorption costing? Total gross margin Foundational 7-6 (Algo) 6. What is the company's net operating income (loss) under absorption costing? Foundational 7-7 (Algo) 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 Not Operating Income (Losses) Variable conting net operating income (los) Absorption costing net operating Income (loss) Foundational 7-8 (Algo) a. What is the company's break-even point in unit sales? Break even point units b. Is it above or below the actual unit sales? Above Below Foundational 7-9 (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? Break even point units Foundational 7-10 (Algo) 10. What would have been the company's variable costing net operating income (loss) if it had produced and sold 36,000 units? You do not need to perform any calculations to answer this question Foundational 7-11 (Algo) 11. What would have been the company's absorption costing net operating Income (loss) if it had produced and sold 36,000 units? You do not need to perform any calculations to answer this question Foundational 7-12 (Algo) 12.1 the company produces 5,000 fewer units than it sells in its second year of operations, will absorption costing net operating Income be higher or lower than variable costing net operating income in Year 2? Lower Highet 12 part question
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