Munoz Manufacturing Company Assignment | College Homework Help

Munoz 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 $ 3.30 per unit $2,300 total $1,000 total Munoz planned to produce and sell 3,000 units. Actual production and sales amounted to 3,100 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. Required Required B Prepare the pro forma income statement in contribution format that would appear in a master budget. MUNOZ MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 3,000 Units Required A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget MUNOZ MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 3,100 Units