Consider the following information for Presidio Inc.'s most recent year of operations. 2,700 1,650 660.00 80.00 110.00 60.00 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 ($319,140 + 2,700 units) Total variable selling expenses ($11 per unit sold) Total fixed general and administrative expenses 118.20 18,150.00 77,000.00 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. Req 2A Req 2B Reg 3 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 Reg 2 Req 2B > Consider the following information for Presidio Inc.'s most recent year of operations. Number of units produced 2,700 Number of units sold 1,650 Sales price per unit $ 660.00 Direct materials per unit 80.00 Direct labor per unit 110.00 Variable manufacturing overhead per unit 60.00 Fixed manufacturing overhead per unit ($319, 140 + 2,700 118.20 units) Total variable selling expenses ($11 per unit 18,150.00 sold) Total fixed general and administrative expenses 77,000.00 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. Req 2A Req 18 Req 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 2,700 Number of units sold 1,650 Sales price per unit $ 660.00 Direct materials per unit 80.00 Direct labor per unit 110.00 Variable manufacturing overhead per unit 60.00 Fixed manufacturing overhead per unit ($319,140 + 2,700 118.20 units) Total variable selling expenses ($11 per unit 18,150.00 sold) Total fixed general and administrative expenses 77,000.00 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. Req 2A Req 2B Rechts Compute the difference in profit between full absorption costing and variable costing. Difference in Profit
