1 Campbell Publications established the following standard price and costs for a hordcover picture book that the company produces 5 Dain Standard price and variable costs sales price Materials cost Labor con overhead cost telling, general, and administrative costs planned fixed costs Manufacturing overhead Sellino, general, and administrative 36.20 8.20 4.20 6.10 5120,000 32,600 Campbell planned to make and sell 27,000 copies of the book a. d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statements, assuming production volumes of 26,000 and 28,000 units. Determine the sales and variable cost volume variances, assuming volume is actually 28.000 units. Indicate whether the variances are favorable (F) or unfavorable (U) (Select "None" If there is no effect (lie.. Tero variance) Pasible Budgets Volume Variance Master Budget 27.000 Variable manufacturing costs Mc Gra Prey 1 of 3 !! Next > 1 Campbell Publications established the following standard price and costs for a hordcover picture book that the company produces 5 Dain Standard price and variable costs sales price Materials cost Labor con overhead cost telling, general, and administrative costs planned fixed costs Manufacturing overhead Sellino, general, and administrative 36.20 8.20 4.20 6.10 5120,000 32,600 Campbell planned to make and sell 27,000 copies of the book a. d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statements, assuming production volumes of 26,000 and 28,000 units. Determine the sales and variable cost volume variances, assuming volume is actually 28.000 units. Indicate whether the variances are favorable (F) or unfavorable (U) (Select "None" If there is no effect (lie.. Tero variance) Pasible Budgets Volume Variance Master Budget 27.000 Variable manufacturing costs Mc Gra Prey 1 of 3 !! Next >