Saved 1 Thornton Manufacturing Company established the following standard price and cost data. 4.16 points Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.40 per unit $ 3.30 per unit $2,600 total $ 900 total eBook Thornton planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units. Hint 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. Print Complete this question by entering your answers in the tabs below. . References Required A Required B Prepare the pro forma income statement in contribution format that would appear in a master budget. THORNTON MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 3,000 Units 0 $ 0 Required A Required B > 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. THORNTON MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 3,200 Units 0 0