Allard Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.30 per unit $ 3.40 per unit $2,300 total $ 800 total Allard planned to produce and sell 2,400 units. Actual production and sales amounted to 2,500 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. ALLARD MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2,400 Units Sales Variable manufacturing Contribution margin Fixed selling and administrative 0 Fixed manufacturing Net income TA 0 b. Prepare the pro forma income statement in contribution format that would appear in a flexible budget. ALLARD MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 2,500 Units Sales Variable manufacturing Contribution margin Fixed selling and administrative 0 Fixed manufacturing Net income $ 0