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PA5-5 (Algo) Comparing Full Absorption and Variable Costing [LO 5S-1] Consider the following information for Presidio Inc.'s most recent year of operations. Required: 2-a. Complete
PA5-5 (Algo) Comparing Full Absorption and Variable Costing [LO 5S-1] Consider the following information for Presidio Inc.'s most recent year of operations. 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. Compute the difference in profit between full absorption costing and variable costing
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