Allard 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 $8.70 $3.40 per unit $2,000 total $ 900 total Allard planned to produce and sell 2,900 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.

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Chapter1: Financial Statements And Business Decisions
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ALLARD MANUFACTURING COMPANY
Pro Forma Income Statement
Master Budget
2,900 Units
$
0
b. Prepare the pro forma income statement in contribution format that would appear in a
flexible budget.
b. Prepare the pro forma income statement in contribution format that would appear in a
flexible budget.
ALLARD MANUFACTURING COMPANY
Pro Forma Income Statement
Flexible Budget
3,100 Units
0
Transcribed Image Text:ALLARD MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2,900 Units $ 0 b. Prepare the pro forma income statement in contribution format that would appear in a flexible budget. b. Prepare the pro forma income statement in contribution format that would appear in a flexible budget. ALLARD MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 3,100 Units 0
Allard 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
per
$3.40, unit
$2,000 total
$ 900 total
Allard planned to produce and sell 2,900 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.
Transcribed Image Text:Allard 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 per $3.40, unit $2,000 total $ 900 total Allard planned to produce and sell 2,900 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.
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