Please include all required elements (the three income statements)
Check my work Howard Cooper, the president of Campbell Computer Services, needs your help. He wonders about the potential effects on the firm's net income if he changes the service rate that the firm charges its customers. The following basic data pertain to fiscal year 2019 $ 83.00 31.00 eBook Standard rate and variable costs Service Tate per hour Labor cost Overhead cost Selling general, and administrative cont Expected fixed costs Facility maintenance Selling general, and administrative 4.10 $525,000 149,000 References Required: a. Prepare the proforma income statement that would appear in the master budget If the firm expects to provide 38,000 hours of services in 2019 b. A marketing consultant suggests to Mr. Cooper that the service rate may affect the number of service hours that the firm can achieve. According to the consultant's analysis, if Campbell charges customers $78 per hour, the firm can achieve 44,000 hours of services. Prepare a flexible budget using the consultant's assumption. C. The same consultant also suggests that if the firm raises its rate to $88 per hour, the number of service hours will decline to 34,000. Prepare a flexible budget using the new assumption Required: a. Prepare the pro forma income statement that would appear in the master budget if the firm expects to provide 38,000 hours of services in 2019 b. A marketing consultant suggests to Mr. Cooper that the service rate may affect the number of service hours that the firm can achieve. According to the consultant's analysis, if Campbell charges customers $78 per hour, the firm can achieve 44,000 hours of services. Prepare a flexible budget using the consultant's assumption. c. The same consultant also suggests that if the firm raises its rate to $88 per hour, the number of service hours will decline to 34,000. Prepare a flexible budget using the new assumption points eBook References Complete this question by entering your answers in the tabs below. Required A Required Required C Prepare the pro forma income statement that would appear in the master budget If the firm expects to provide 38,000 hours of services in 2019 CAMPBELL COMPUTER SERVICES Pro Forma Income Statement Master Budget CAMPBELL COMPUTER SERVICES Pro Forma Income Statement Master Budget luto points Variable costs: eBook Print References Fixed costs: Required B >