1. Uranus Home Appliances
   • Sales price: $28.00 per unit
   • Variable manufacturing cost: $13.00 per unit
   • Fixed manufacturing cost: $7,500 total
   • Fixed selling and administrative cost: $2,000 total
   • Planned production and sales: 4,500 units
   • Actual production and sales: 4,800 units
   • Required:
     1. Prepare the pro forma income statement for the master budget.
     2. Discuss the implications of actual results on the flexible budget.