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Solve both parts Solomon Manufacturing Company established the following standard price and cost data. table [ [ Sales price,$ 8 . 5 0 per
Solve both parts
Solomon Manufacturing Company established the following standard price and cost data.
tableSales price,$ per unitVariable manufacturing cost,$ per unitFixed manufacturing cost,$ totalFixed selling and administrative cost,$ total
Solomon planned to produce and sell units. Actual production and sales amounted to 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
Prepare the pro forma income statement in contribution format that would appear in a master budget.
tableSOLOMON MANUFACTURING COMPANYPro Forma Income Statement,Master BudgetFixed manufacturing,Fixed selling and administrative,Sales
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