Return to question Consider the following information for Presidio Inc.'s most recent year of operations. Additional information for Presidio's most recent year of operations follows: 2,400 $ Number of units produced Number of units sold Unit sales price Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Pixed manufacturing overhead per unit ($282,960 - 2,400 units) Total variable selling expenses ($14 per unit sold) Total fixed general and administrative expenses 1,500 630.00 65.00 95.00 45.00 117.90 21,000.00 74,000.00 Required: 2. Complete a full absorption costing income statement and a variable costing income statement for Presidio. Assume there was no beginning inventory. Answer is not complete. Presidio, Inc. Full Absorption Income Statement $ Sales 945,000 Less: Cost of Goods Sold Gross Margin 484,350 21,000 General and Administrative Expense Less: Selling Expense 74.000 21,000 Full Absorption Income Statement Sales S 945,000 Less: Cost of Goods Sold Gross Margin 484,350 21,000 General and Administrative Expense Less: Selling Expense 74,000 21,000 Net Operating Income Answer is not complete. Presidio, Inc. Contribution Margin Income Statement Sales revenue Contribution margin Prev 1 of 11 Ne Presidio, Ine. Contribution Margin Income Statement Sales revenue Contribution margin Net Operating Income 3. Compute the difference in profit between full absorption costing and variable costing. Difference in Profit