Finch manufacturing company established the following standard price and cost dat

Finch Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.00 per unit $ 3.00 per unit $2,900 total $ 600 total Finch planned to produce and sell 2,600 units. Actual production and sales amounted to 2,800 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. Required A Required B Prepare the pro forma income statement in contribution format that would appear in a master budget. FINCH MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2,600 Units Required A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget. FINCH MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 2,800 Units