PLEASE HELP
Return to question 8 Consider the following information for Presidio Inc.'s most recent year of operations. 1.11 points 5 Mumber of units produced Number of unito mold Sales price per unit Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Pixed manufacturing overhead per unit ($285,600 + 2,400 units) Total variable selling expenses (51) per unit sold) tal fixed general and administrative expenses 2,400 1.650 740.00 50.00 80.00 30.00 119.00 10.050.00 85,000.00 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Reg 3 8 Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Reg 3 Complete a full absorption costing Income statement for Presidio. Assume there was no beginning inventory. Presidio, Inc. Full Absorption Income Statement $ 1.073,000 Sales $ 404550 668.450 Cost of Goods Sold Gross Margin Less: Non-Manufacturing Expenses > C Variable Selling Expense Fixed General and Administrative Expense Net Income After Taxes Net Operating Income 18,850 85,000 103,850 $ 564,600 Req 28 ) 3 Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 2 Reg 26 Req3 Complete a variable costing Income statement for Presidio. Assume there was no beginning inventory Presidio, Inc. Variable Costing Income Statement Sales $ 1,073,000 Variable Selling Expense 205,850 822,150 Contribution Margin Less Foxed Costs Fixed Manufacturing Overhead Fixed General and Administrative Expense 285,600 35,000 $ 451,550 Net Operating Income Return to question 18,850.00 8 unit wald) Total fixed general and administrative expenses 85,000.00 11 Doints 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Reg 3 Compute the difference in profit between full absorption costing and variable costing, $ 564,600 C Variable Selling Expense Fixed General and Administrative Expense Net Income After Taxes Net Operating Income 18,850 85,000 103,850 $ 564,600 Req 28 ) 3 Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 2 Reg 26 Req3 Complete a variable costing Income statement for Presidio. Assume there was no beginning inventory Presidio, Inc. Variable Costing Income Statement Sales $ 1,073,000 Variable Selling Expense 205,850 822,150 Contribution Margin Less Foxed Costs Fixed Manufacturing Overhead Fixed General and Administrative Expense 285,600 35,000 $ 451,550 Net Operating Income Return to question 18,850.00 8 unit wald) Total fixed general and administrative expenses 85,000.00 11 Doints 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Reg 3 Compute the difference in profit between full absorption costing and variable costing, $ 564,600
