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Campbell Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $
Campbell Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.70 per unit $ 3.90 per unit $3,000 total $ 700 total Campbell planned to produce and sell 2,900 units. Actual production and sales amounted to 3,200 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. 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. CAMPBELL MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2,900 Units Sales Variable selling and administrative 0 $ 0
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