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Munoz Manufacturing Company established the following standard price and cost data. Munoz planned to produce and sell 2,000 units. Actual production and sales amounted to

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Munoz Manufacturing Company established the following standard price and cost data. Munoz planned to produce and sell 2,000 units. Actual production and sales amounted to 2,200 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

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