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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: fPresidio, Inc. Contribution

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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:

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\fPresidio, Inc. Contribution Margin Income Statement Contribution Margin Net Operating IncomePresidio, Inc. Full Absorption Income Statement Less: Cost of Goods Sold Gross Margin Net Operating IncomeNumber of units produced 2.000 Number of units sold 1,250 Unit sales price $ 700.00 Direct materials per unit 55.00 Direct labor per unit 85.00 Variable manufacturing overhead per unit 35.00 Fixed manufacturing overhead per unit ($237,200 = 2,000 units) 118.60 Total variable selling expenses ($15 per unit sold) 18,750.00 Total fixed general and administrative expenses 81,000.00

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