Diaz Company reports the following variable costing income statement for its single product. This company's sales totaled 52,000 units, but its production was 82,000 units. It had no beginning finished goods inventory for the current period. $3,224,000 DIAZ COMPANY Income Statement (Variable Costing) Sales (52,000 units X $62.00 per unit) Variable expenses Variable sanufacturing expense (52,000 units X $28.20 per unit) Variable selling and admin. expense (52,000 units x 55.20 per unit) Total variable expenses Contribution margin Fixed expenses Fixed overhead Fixed selling and administrative expense Total fixed expenses Not income 1,466,400 270.000 1.736, 30 1.487.200 344.400 172,200 516, 600 970. $ 1. Convert Diaz's variable costing income statement to an absorption costing income statement 2. Fill in the blanks: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Convert Diaz's variable costing income statement to an absorption costing income statement. 1. Convert Diaz's variable costing income statement to an absorption costing income statement. 2. Fill in the blanks: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Convert Diaz's variable costing income statement to an absorption costing income statement. $ 3,224,000 DIAZ COMPANY Absorption Costing Income Statement Sales Less: Cost of goods sold Variable overhead costs $ 1,466,400 Fored overhead costs 344,400 Cost of goods sold 1.810.800 Selling general and administrative expenses Net Income (loss) Required 1 Required 2 > Diaz Company reports the following variable costing income statement for its single product. This company's sales totaled 52,000 units, but its production was 82,000 units. It had no beginning finished goods inventory for the current period $3,224. DIAZ COMPANY income statement (variable costing) Sales (52.000 units $42.00 per unit) Variable expenses Variable facturing expense (52.000 units 58.20 per unit) Variable selling and admin. expense (52.000 units x 5520 per unit) Total variable expenses Fixed expenses Fixed overhead Fixed selling and administrative pense 1. Convert Diaz's variable costing income statement to an absorption costing income statement 2. Fill in the blanks Complete this question by entering your answers in the tabs below. Required 1 Required 2 Fut in the blanks (Round the fixed overhead per unit to two decimal places.) The d e cina con income and absorption costing income dove had until