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Solomon planned to produce and sell 2,700 units. Actual production and sales amounted to 3,000 units. Required a. Prepare the pro forma income statement n
Solomon planned to produce and sell 2,700 units. Actual production and sales amounted to 3,000 units.
Required
a. Prepare the pro forma income statement n 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.
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