Munoz Manufacturing Company established the tollowing standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost 8.60 per unit 3.90 per unit $2,500 total 900 total Munoz planned to produce and sell 2,100 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. 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. MUNOZ MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2,100 Units 0 0l Required A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget. MUNOZ MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 2,200 Units