Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rundle Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $

image text in transcribed
image text in transcribed
Rundle Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 9.00 per unit $ 3.89 per unit $2,100 total $ 90e total Rundle planned to produce and sell 2,600 units. Actual production and sales amounted to 2.700 units. Required a. Prepare the pro forma income statentent 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 proforma Income statement in contribution format that would appear in a master budget. RUNDLE MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2,600 Units Sales Variable manufacturing Contribution margin 0 Fixed manufacturing Fixed selling and administrative Net income $ 0 Rundle Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 9.00 per unit $ 3.80 per unit $2,100 total $ 900 total Rundle planned to produce and sell 2,600 units. Actual production and sales amounted to 2.700 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 flexible budget. RUNDLE MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 2,700 Units Sales 0 S 0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions