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Campbell Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost

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Campbell Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.90 per unit $ 3.30 per unit $2,400 total $ 600 total Campbell planned to produce and sell 2,200 units. Actual production and sales amounted to 2,400 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. > Answer is not complete. 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 master budget. CAMPBELL MANUFACTURING COMPANY Pro Forma Income Statement Master Sales Variable manufacturing Contribution margin Budget 2,200 Units $ 19,580 7,260 12,320 Fixed selling and administrative Fixed manufacturing 2,400 Variable selling and administrative 635 Net income $ 9,285 < Required A Required B > Required A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget. CAMPBELL MANUFACTURING COMPANY Pro Forma Income Statement Sales Variable manufacturing Contribution margin Flexible Budget 2,400 Units $ 21,360 7,920 13,440 Fixed selling and administrative Variable manufacturing 2,400 Fixed selling and administrative 635 Net income $ 10,405 < Required A Required B >

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