rnton Manufacturing Company established the following standard price and cost data.

Sales price $ $8\mathrm{.}20$ per unit

Variable manufacturing cost $ $3\mathrm{.}10$ per unit

Fixed manufacturing cost $ $2,700$ total

Fixed selling and administrative cost $ $800$ total

Thornton planned to produce and sell $2,900$ units. Actual production and sales amounted to $3,100$ units.

Required

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 budget.