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Number of units produced Number of units sold Unit sales price Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Fixed

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Number of units produced Number of units sold Unit sales price Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per unit (5355,500 3,000 units) Total variable selling expenses ($14 per unit sold) Total fixed general and administrative expenses 3,000 1.800 690.00 50.00 80.00 30.00 118.50 25,200.00 80,000.00 Required: 2. Complete a full absorption costing Income statement and a variable costing Income statement for Presidio. Assume there was no beginning inventory Presidio, Inc Full Absorption Income Statement Sales Beginning Inventory Less: Cost of Goods Sold Gross Margin Less: Selling Expense Net Operating Income Net Operating income Presidio, in Contribution Marin Income Statement Contribution margin Net Operating income 3. Compute the difference in profit between full absorption costing and variable costing hecemo

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