Igo) Comparing Full Absorption and Variable Costing [LO 5S-1] Consider the following information for Presidio Inc.'s most recent year of operations. Number of units produced Number of units sold 2,100 1,300 Sales price per unit $ 710.00 Direct materials per unit 60.00 Direct labor per unit 90.00 Variable manufacturing overhead per unit 40.00 Fixed manufacturing overhead per unit ($249,270 +2,100 units) 118.70 Total variable selling expenses ($10 per unit sold) 13,000.00 Total fixed general and administrative expenses 82,000.00 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. Req 2A Req 28 Req 3 Complete a full absorption costing income statement for Presidio. Assume there was no beginning inventory. < Prev 4 of 5 Next > Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req 3 Complete a full absorption costing income statement for Presidio. Assume there was no beginni Presidio, Inc. Full Absorption Income Statement Sales Cost of Goods Sold Gross Margin Less: Non-Manufacturing Expenses Variable Selling Expense Fixed General and Administrative Expense Net Operating Income 923,000 401,310 Complete a variable costing income statement for Presidio. Assume there was Presidio, Inc. Variable Costing Income Statement Sales Variable Cost of Goods Sold Contribution Margin Less: Fixed Costs Fixed Manufacturing Overhead Fixed General and Administrative Expense Net Operating Income Reg 24 Reg 3 Req 2A Req 2B Req 3 Compute the difference in profit between full absorption costing and Difference in Profit < Req 2B