Perez Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost $ 8.90 per unit- $ 3.70 per unit $ 2,000 total $ 500 total Fixed manufacturing cost Fixed selling and administrative cost Perez planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 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.

Perez Manufacturing Company established the following standard price and cost data. Perez planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 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. Prepare the pro forma income statement in contribution format that would appear in a master budget. Prepare the pro forma income statement in contribution format that would appear in a flexible bu