1. Apollo Electronics
   • Sales price: $15.00 per unit
   • Variable manufacturing cost: $8.50 per unit
   • Fixed manufacturing cost: $5,000 total
   • Fixed selling and administrative cost: $1,500 total
   • Planned production and sales: 3,000 units
   • Actual production and sales: 3,200 units
   • Required:
     1. Prepare the pro forma income statement in contribution format that would appear in a master budget.
     2. Prepare the pro forma income statement in contribution format that would appear in a flexible budget.