1.What is the unit product cost under variable costing?

2.What is the unit product cost under absorption costing?

3.What is the companys net operating income (loss) under absorption costing?

4.What is the amount of the difference between the variable costing and absorption costing net operating incomes (losses)?

5. What is the companys net operating income (loss) under variable costing?

Diego Company manufactures one product that is sold for $78 per unit. The following information pertains to the company's first year of operations in which it produced 49,000 units and sold 44,000 units. Variable costs per unit: Manufacturing: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expenses S S S $ 28 14 4 6 $686,000 $510,000