Thornton Manufacturing Company established the following standard price and cost data.
Sales price
Variable manufacturing cost
Fixed manufacturing cost
Fixed selling and administrative cost
$ per unit
$ per unit
$ total
$ total
$ per unit
$ per unit
$ total
$ total
Thornton planned to produce and sell units. Actual production and sales amounted to 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
Required
Prepare the pro forma income statement in contribution format that would appear in a master budget.
tableTHORNTON MANUFACTURING COMPANYPro Forma Income Statement,tableMaster Budget Units Answer for A and B
