1. Tau Furniture

Item	Value
Sales price per unit	$25.00
Variable cost per unit	$13.00
Fixed manufacturing cost	$6,200 total
Fixed selling and administrative cost	$1,800 total

1. Tau Furniture planned to produce and sell 2,300 units. Actual production and sales amounted to 2,400 units. Required:
   1. Prepare a traditional income statement for the master budget.
   2. Prepare a flexible budget performance report.