what is the fixed overhead costs?
$ 2,576,000 Absorption Costing Income Statement Sales F Less: Cost of goods sold Variable manufacturing costs $ 1,269,600 Fixed overhead costs 273,600 1,543,200 Cost of goods sold Gross margin Selling general and administrative expenses Fixed selling and administrative costs Variable selling and administrative expenses 136,800 211,600 Total fixed expenses Net income (loss) Required 2 > Diaz Company reports the following variable costing Income statement for its single product. This company's sales totaled 46,000 units, but its production was 76,000 units. It had no beginning finished goods Inventory for the current period. $2,576,000 DIAZ COMPANY Income Statement (Variable Coating) Sales (46,000 units * $56.00 per unit) Variable expenses Variable manufacturing expense (46,000 units X $27.60 per unit) Variable selling and admin. expense (46,000 units X 94.60 per unit) Total variable expenses Contribution margin Fixed expenses Tixed overhead Fixed selling and administrative expense Total fixed expenses Net income 1.269.600 211.600 1.401,200 1.094.000 273,600 136.800 410,400 684,400 $ $ 2,576,000 Absorption Costing Income Statement Sales F Less: Cost of goods sold Variable manufacturing costs $ 1,269,600 Fixed overhead costs 273,600 1,543,200 Cost of goods sold Gross margin Selling general and administrative expenses Fixed selling and administrative costs Variable selling and administrative expenses 136,800 211,600 Total fixed expenses Net income (loss) Required 2 > Diaz Company reports the following variable costing Income statement for its single product. This company's sales totaled 46,000 units, but its production was 76,000 units. It had no beginning finished goods Inventory for the current period. $2,576,000 DIAZ COMPANY Income Statement (Variable Coating) Sales (46,000 units * $56.00 per unit) Variable expenses Variable manufacturing expense (46,000 units X $27.60 per unit) Variable selling and admin. expense (46,000 units X 94.60 per unit) Total variable expenses Contribution margin Fixed expenses Tixed overhead Fixed selling and administrative expense Total fixed expenses Net income 1.269.600 211.600 1.401,200 1.094.000 273,600 136.800 410,400 684,400 $