Question: Ch. 5 Large Problem Saved 2 Consider the following information for Presidio Inc's most recent year of operations. Skipped eBook Number of units produced 2,900

 Ch. 5 Large Problem Saved 2 Consider the following information for
Presidio Inc's most recent year of operations. Skipped eBook Number of units
produced 2,900 Number of units sold 1,750 Sales price per unit 5
680.00 Direct materials per unit 55.00 Direct labor per unit 85.00 Variable

Ch. 5 Large Problem Saved 2 Consider the following information for Presidio Inc's most recent year of operations. Skipped eBook Number of units produced 2,900 Number of units sold 1,750 Sales price per unit 5 680.00 Direct materials per unit 55.00 Direct labor per unit 85.00 Variable manufacturing overhead per unit 35.00 Fixed manufacturing overhead per unit ($343, 360 118.40 + 2,900 units) Total variable selling expenses ($13 per unit 22,750.00 sold) Total fixed general and administrative expenses 79,000.00 Required: 2-6. 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. Reg 2A Reg 28 Reg 3 Ch. 5 Large Problem Saved 2 Req 2A Reg 2B Reg 3 Skipped Complete a full absorption costing income statement for Presidio. Assume there was no beginning inventory Presidio, Inc. Full Absorption Income Statement eBook Gross Margin Less Non-Manufacturing Exponses Net Operating Income Ch. 5 Large Problem i Saved 2 Req 2A Req 2B Reg 3 Skipped Complete a variable costing income statement for Presidio. Assume there was no beginning inventory. Presidio, Inc. Variable Costing Income Statement eBook Contribution Margin Less Fixed Costs Net Operating Income 2 Variable manufacturing overhead per unit 35.00 Fixed manufacturing overhead per unit ($343,360 118.40 2,900 units) Total variable selling expenses ($13 per unit 22,750.00 sold) Total fixed general and administrative expenses 79,800.00 Skipped eBook Required: 2-a. Complete a full absorption costing income statement for Presidio. Assume there was no beginning 2-b. Complete a variable costing income statement for Presidio. Assume there was no beginning invent 3. Compute the difference in profit between full absorption costing and variable costing. Complete this question by entering your answers in the tabs below. Reg 2A Req 2B Reg 3 Compute the difference in profit between full absorption costing and variable costing. Difference in Profit

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