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Consider the following information for Presidio Inc.'s most recent year of operations. $ 2,200 1,400 610.00 55.00 85.00 35.00 Number of units produced Number of

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Consider the following information for Presidio Inc.'s most recent year of operations. $ 2,200 1,400 610.00 55.00 85.00 35.00 Number of units produced Number of units sold Sales price per unit Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per unit ($258,940 = 2,200 units) Total variable selling expenses ($12 per unit sold) Total fixed general and administrative expenses 117.70 16,800.00 72,000.00 Required: 2-a. Complete a full absorption costing income statement for Presidio. Assume there was no beginning inventory. 2-b. Complete a variable costing income statement for Presidio. Assume there was no beginning inventory. 3. Compute the difference in profit between full absorption costing and variable costing. X Answer is not complete. Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req3 Complete a full absorption costing income statement for Presidio. Assume there was no beginning inventory. Presidio, Inc. Full Absorption Income Statement Sales Cost of Goods Sold $ 0 Gross Margin Less: Non-Manufacturing Expenses Fixed General and Administrative Expense Variable Selling Expense Fixed Manufacturing Overhead Net Income After Taxes Net Operating Income X Answer is not complete. Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req3 Complete a variable costing income statement for Presidio. Assume there was no beginning inventory. Presidio, Inc. Variable Costing Income Statement Sales Variable Cost of Goods Sold Ending Inventory Ending Inventory Contribution Margin XX Less: Fixed Costs Ending Inventory Ending Inventory Ending Inventory Net Operating Income Answer is not complete. Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req3 Compute the difference in profit between full absorption costing and variable costing. Difference in Profit

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