Diego Company manufactures one-product that is sold for $80 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 51,000 units and sold 47,000 units. 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 $.30 $18 $2 $3 $ 816,000 $ 480,000 The company sold 34,000 units in the East region and 13,000 units in the West region. It determined that $250,000 of its fixed selling and administrative expense is traceable to the West region, $200,000 is traceable to the East region, and the remaining $30,000 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.

Diego Company manufactures one-product that is sold for $80 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 51,000 units and sold 47,000 units. 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 $.30 $18 $2 $3 $ 816,000 $ 480,000 The company sold 34,000 units in the East region and 13,000 units in the West region. It determined that $250,000 of its fixed selling and administrative expense is traceable to the West region, $200,000 is traceable to the East region, and the remaining $30,000 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.

Name: 33.Subject :- Accounting 13. Prepare a contribution format segmented i
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Description: 33.Subject :- Accounting 13. Prepare a contribution format segmented income statement that includes a Total column and columns for the East and Westregions.Show Transcribed TextIncome StatementProfit willTotalCompanyS00 $0EastAnswer is complete but n

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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