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

Sales price

Variable manufacturing cost

Fixed manufacturing cost

Fixed selling and administrative costBaird planned to produce and sell $2,800$ units. Actual production and sales amounted to $3,000$ units.Requireda. Prepare the pro forma income statement in contribution format that would appear in a master budget.b$.$ Prepare the pro forma income statement in contribution format that would appear in a flexible budget.Complete this question by entering your answers in the tabs below.Required ARequired BPrepare the pro forma income statement in contribution format that would appear in a master budget.

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