Allard Manufacturing Company established the following standard price and cost data. Sales price $ 8.50 per unit $ 3.70 per Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost unit $2,100 total $ 800 total Allard planned to produce and sell 2,900 units. Actual production and sales amounted to 3,100 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 2,900 Units Sales Variable manufacturing Contribution margin 0 Fixed manufacturing Fixed selling and administrative $ 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 3,100 Units 0 $