Marlow Manufacturing Company established the following standard price and cost data. Marlow planned to produce and sell
Question:
Marlow planned to produce and sell 1,100 units. Actual production and sales amounted to 1,300 units.
Required
a. Prepare the pro forma income statement in contribution format that would appear in a master budget.
b. Prepare the pro forma income statement in contribution format that would appear in a flexiblebudget.
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