1. Omega Auto Parts

Item	Value
Sales price per unit	$28.00
Variable cost per unit	$16.00
Fixed manufacturing cost	$6,800 total
Fixed selling and administrative cost	$2,200 total

1. Omega Auto Parts planned to produce and sell 2,500 units. Actual production and sales amounted to 2,800 units. 
2. Required:
   1. Prepare a contribution margin income statement for the master budget.
   2. Prepare a flexible budget income statement.