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Number of units produced 2,2ee Number of units sold 1,400 Sales price per unit 610.ee...

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Accounting

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Number of units produced 2,2ee Number of units sold 1,400 Sales price per unit 610.ee Direct materials per unit 55.ee Direct labor per unit 85.ee Variable manufacturing overhead per unit 35.ee Fixed manufacturing overhead per unit ($258,940 + 2,200 units) 117.70 Total variable selling expenses ($12 per unit sold) 16,800.00 Total fixed general and administrative expenses 72,000.00 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. Complete this question by entering your answers in the tabs below. Complete a full absorption costing income statement for Presidio. Assume the Presidio, Inc. Full Absorption Income Statement Gross Margin Less: Non-Manufacturing Expenses Net Operating Income Reg 2A Req 20

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