Consider the following information for Presidio Inc.'s most recent year of operations. 2,000 Number of units produced Number of units sold 1,300 Sales price per unit $ 650.00 Direct materials per unit 60.00 Direct labor per unit 90.00 Variable manufacturing overhead per unit 40.00 Fixed manufacturing overhead per unit ($235,000 2,000 units) 117.50 Total variable selling expenses ($10 per unit sold) 13,000.00 Total fixed general and administrative expenses 70,000.00 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. Complete this question by entering your answers in the tabs below. Reg 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 Gross Margin Less: Non-Manufacturing Expenses Net Operating Income Req 2A Req 2B > Consider the following information for Presidio Inc.'s most recent year of operations. Number of units produced 2,000 Number of units sold 1,300 Sales price per unit 650.00 Direct materials per unit 60.00 Direct labor per unit 90.00 Variable manufacturing overhead per unit 40.00 Fixed manufacturing overhead per unit ($235,000 + 2,000 units) 117.50 Total variable selling expenses ($10 per unit sold) 13,000.00 Total fixed general and administrative expenses 70,000.00 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. Complete this question by entering your answers in the tabs below. Reg 2A Req 2B Reg 3 Complete a variable costing income statement for Presidio. Assume there was no beginning inventory. Presidio, Inc. Variable Costing Income Statement Contribution margin Less: Fixed Costs Net Operating Income Consider the following information for Presidio Inc.'s most recent year of operations Number of units produced 2,000 Number of units sold 1,300 Sales price per unit $ 650.00 Direct materials per unit 60.00 Direct labor per unit 90.00 Variable manufacturing overhead per unit 40.00 Fixed manufacturing overhead per unit ($235,000 2,000 units) 117.50 Total variable selling expenses ($10 per unit sold) 13,000.00 Total fixed general and administrative expenses 70,000.00 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. Complete this question by entering your answers in the tabs below. Reg 2A Reg 2A Reg 28 Reg 3 Compute the difference in profit between full absorption costing and variable costing........ Difference in Profit
