Question: PA5-5 (Algo) 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

PA5-5 (Algo) 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 Sales price per unit. Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per unit ($295,000 2,500 units) Total variable selling expenses ($15 per unit sold) Total fixed general and administrative expenses Req 2A 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. Req 2B $ Complete this question by entering your answers in the tabs below. Req 3 2,500 1,550 640.00 70.00 100.00 50.00 118.00 23,250.00 75,000.00 Presidio, Inc. Full Absorption Income Statement Complete a full absorption costing income statement for Presidio. Assume there was no beginning inventory.
 PA5-5 (Algo) 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 Sales price per unit. Direct
materials per unit Direct labor per unit Variable manufacturing overhead per unit
Fixed manufacturing overhead per unit ($295,000 2,500 units) Total variable selling expenses

PA5-5 (Algo) Comparing Full Absorption and Variable Costing [LO 5S-1] Consider the following information for Presidio Inc's most recent year of operations. 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 there was no beginning inventory. PA5-5 (Algo) Comparing Full Absorption and Variable Costing [LO 5S-1] Consider the following information for Presidio Inc's most recent year of operations. 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 there was no beginning inventory. 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 there was no beginning inventory. Compute the difference in protit between full absorption costing and variable costing. Complete this question by entering your answers in the tabs below. Complete a variable costing income statement for Presidio. Assume there was no beginning inventory. 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 varisble costing. Complete this question by entering your answers in the tabs below. Compute the difference in profit between full absorption costing and variable costing

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