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

Sales price	$	8.60	per unit
Variable manufacturing cost	$	3.10	per unit
Fixed manufacturing cost	$	2,000	total
Fixed selling and administrative cost	$	800	total

Stuart planned to produce and sell 2,600 units. Actual production and sales amounted to 2,900 units.

Required

1. Prepare the pro forma income statement in contribution format that would appear in a master budget.

2. Prepare the pro forma income statement in contribution format that would appear in a flexible budget.

   Prepare the pro forma income statement in contribution format that would appear in a master budget.

   STUART MANUFACTURING COMPANY
   Pro Forma Income Statement
   	Master Budget 2,600 Units
   	0
   	$0

3. Prepare the pro forma income statement in contribution format that would appear in a flexible budget.

   STUART MANUFACTURING COMPANY
   Pro Forma Income Statement
   	Flexible Budget 2,900 Units
   	0
   	$0