Question 1 also part of question 1 Question 2 also part of question 2 question 3...

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question 1
1 Check my work Diego Company manufactures one product that is sold for $72 per unit in two geographic regions—the East and W

also part of question 1

of 15 The company sold 28,000 units in the East region and 10,000 units in the West region. It determined that $170,000 of it

Question 2

2 Diego Company manufactures one product that is sold for $72 per unit in two geographic regionsthe East and West regions. Th

also part of question 2

2 Fixed selling and adninistrative expense $ 346,000 Part 2 of 15 10 points The company sold 28,000 units in the East region

question 3

3 Diego Company manufactures one product that is sold for $72 per unit in two geographic regions-the East and West regions. T

also part of question 3

m. Part 3 of 15 The company sold 28,000 units in the East region and 10,000 units in the West region. It determined that $170

1 Check my work Diego Company manufactures one product that is sold for $72 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 43,000 units and sold 38,000 units. Part 1 of 15 10 points Print 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 $ $ 22 14 3 5 $774,000 $ 346,000

of 15 The company sold 28,000 units in the East region and 10,000 units in the West region. It determined that $170,000 of its fixed selling and administrative expense is traceable to the West region, $120,000 is traceable to the East region, and the remaining $56,000 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. Required: 1. What is the unit product cost under variable costing? Unit product cost

2 Diego Company manufactures one product that is sold for $72 per unit in two geographic regionsthe East and West regions. The following information pertains to the company's first year of operations in which it produced 43,000 units and sold 38,000 units. Part 2 of 15 10 points 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 $ $ $ $ Print 14 3 5 $ 774,000 $ 346,000

2 Fixed selling and adninistrative expense $ 346,000 Part 2 of 15 10 points The company sold 28,000 units in the East region and 10,000 units in the West region. It determined that $170,000 of its fixed selling and administrative expense is traceable to the West region, $120,000 is traceable to the East region, and the remaining $56,000 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. 2. What is the unit product cost under absorption costing?

3 Diego Company manufactures one product that is sold for $72 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 43,000 units and sold 38,000 units. Part 3 of 15 10 points 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 $ $ $ $ 3 5 $ 774,000 $ 346,000

m. Part 3 of 15 The company sold 28,000 units in the East region and 10,000 units in the West region. It determined that $170,000 of its fixed selling and administrative expense is traceable to the West region, $120,000 is traceable to the East region, and the remaining $56,000 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. 10 points Print 3. What is the company's total contribution margin under variable costing? Total contribution margin

 · Answer

Answer:        1)        Particulars  per unit (in $ )      Direct materials  $ 22      Direct labor  $ 14      Variable manufacturing overhead  $ 3      Unit product cost under Variable costing  $ 39              2)        Particulars  per unit (in $ )      Direct materials  $ 22      Direct labor  $ 14      Variable manufacturing overhead  $ 3      Fixed manufacturing overhead ( $ 774,000 / 43,000 units )  $ 18      Unit product cost under Absorption costing  $ 57                              3)        Contribution format income statement        Sales ( 38,000 units x $ 72 )    $ 2,736,000    Less: Variable expenses:              Variable cost of goods sold              ( 38,000 units x $ 72 )  ($ 1,482,000)            Variable selling and administrative expenses              ( 38,000 units x $ 5)  ($ 190,000)  ($ 1,672,000)    Contribution margin    $ 1,064,000    Less: Fixed expenses:                    Fixed Manufacturing overhead  ($ 774,000)                  Fixed Selling and administrative expenses  ($ 346,000)  ($ 1,120,000)    Net operating Loss    ($ 56,000 )           .

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Answer:
1)
Particulars	per unit (in $ )
Direct materials	$ 22
Direct labor	$ 14
Variable manufacturing overhead	$ 3
Unit product cost under Variable costing	$ 39

2)
Particulars	per unit (in $ )
Direct materials	$ 22
Direct labor	$ 14
Variable manufacturing overhead	$ 3
Fixed manufacturing overhead ( $ 774,000 / 43,000 units )	$ 18
Unit product cost under Absorption costing	$ 57



3)
Contribution format income statement
Sales ( 38,000 units x $ 72 )		$ 2,736,000
Less: Variable expenses:
Variable cost of goods sold ( 38,000 units x $ 72 )	($ 1,482,000)
Variable selling and administrative expenses ( 38,000 units x $ 5)	($ 190,000)	($ 1,672,000)
Contribution margin		$ 1,064,000
Less: Fixed expenses:
Fixed Manufacturing overhead	($ 774,000)
Fixed Selling and administrative expenses	($ 346,000)	($ 1,120,000)
Net operating Loss		($ 56,000 )