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Consider the following information for Presidio Inc.'s most recent year of operations. Additional information for Presidio's most recent year of operations follows Number of units

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Consider the following information for Presidio Inc.'s most recent year of operations. Additional information for Presidio's most recent year of operations follows Number of units produced 2,800 Number of units sold 1,650 780.00 Unit sales price 70.00 Direct materials per unit 100.00 Direct labor per unit 50.00 Variable manufacturing overhead per unit Fixed manufacturing overhead per unit ($334,320 2,800 119.40 units) 18.150.00 Total variable selling expenses ($11 per unit sold) Total fixed general and administrative expenses 89,000.00 Required: 2. Complete a full absorption costing income statement and a variable costing income statement for Presidio. Assume there was no beginning inventory. Presidio, Inc. Full Absorption Income Statement Less: Cost of Goods Sold Gross Margin Net Operating Income

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