Diego Company manufactures one product that is sold for $80 per unit. The following information...
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Diego Company manufactures one product that is sold for $80 per unit. The following information pertains to the companys first year of operations in which it produced 40,000 units and sold 35,000 units. Variable costs per unit: Manufacturing: Direct materials $ 24 Direct labour $ 14 Variable manufacturing overhead $ 2 Variable selling and administrative $ 4 Fixed costs per year: Fixed manufacturing overhead $ 800,000 Fixed selling and administrative expenses $496,000 9. What would have been the companys variable costing net operating income (loss) if it had produced and sold 35,000 units
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