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Consider the following information for Presidio Inc.'s most recent year of operations. Number of units produced 2,300 Number of units sold 1,400 Sales price per

Consider the following information for Presidio Inc.'s most recent year of operations. Number of units produced 2,300 Number of units sold 1,400 Sales price per unit $ 730.00 Direct materials per unit 70.00 Direct labor per unit 100.00 Variable manufacturing overhead per unit 50.00 Fixed manufacturing overhead per unit ($273,470 2,300 units) 118.90 Total variable selling expenses ($12 per unit sold) 16,800.00 Total fixed general and administrative expenses 84,000.00 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.

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Consider the following Information for Presidio Inc.'s most recent year of operations. 2.300 1,400 $ 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 ($273,47 2.3ee units) Total variable selling expenses ($12 per unit sold) Total fixed general and administrative expenses 730.ee 70.ee 182.ee 50.ee 118.90 16,880.ee 84,882.ee 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. Rey 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 Varain Less: Non-Manufacturing Expenses Net Operating Income Reg 2A Reg 2B > Req 2A Reg 28 Req3 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 Complete this question by entering your answers in the tabs below. Req ZA Req 2B Req3 Compute the difference in profit between full absorption costing and variable costing. Difference in Profit Reg 2B Reg3 >

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