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

Sales price

Variable manufacturing cost

Fixed manufacturing cost

Fixed selling and administrative cost

$$8\mathrm{.}10$ per unit

$$3\mathrm{.}70$ per unit

$$2,300$ total

$$1,000$ total

$$8\mathrm{.}10$ per unit

$$3\mathrm{.}70$ per unit

$$2,300$ total

$$1,000$ total

Thornton planned to produce and sell $2,100$ units. Actual production and sales amounted to $2,400$ units.

Requlred

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 $A$

Required $B$

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

$\backslash$table$[[$THORNTON MANUFACTURING COMPANY$],[$Pro Forma Income Statement,$],[,\backslash$table$[[$Master Budget$],[2,100$ Units$]]],[,],[,],[,],[,],[,],[,],[,]]$ Answer for A and B