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Benson Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $
Benson Manufacturing Company established the following standard price and cost data.
Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.70 per unit $ 3.90 per unit $2,100 total $ 700 total Benson planned to produce and sell 2,800 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. 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 A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget.. BENSON MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 3,100 Units 0 $ 0Step by Step Solution
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