Baird Manufacturing Company established the following standard price and cost data.

Baird planned to produce and sell 2,200 units. Actual production and sales amounted to 2,300 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.

Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.10 per unit s 4.00 per unit $2,400 total $ 700 total Required ARequired B Prepare the pro forma income statement in contribution format that would appear in a master budget BAIRD MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2,200 Units Required A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget. BAIRD MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 2,300 Units