Rundle Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost $8.60 per unit $ 3.20 per unit $2,900 total $ 600 total Fixed manufacturing cost Fixed selling and administrative cost Rundle planned to produce and sell 2,200 units. Actual production and sales amounted to 2,400 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 A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget. RUNDLE MANUFACTURING COMPANY

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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pra.9

 

Rundle Manufacturing Company established the following standard price and cost data.
Sales price
Variable manufacturing cost
$8.60 per unit
$ 3.20 per unit
$2,900 total
$600 total
Fixed manufacturing cost
Fixed selling and administrative cost
Rundle planned to produce and sell 2,200 units. Actual production and sales amounted to 2,400 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 A Required B
Prepare the pro forma income statement in contribution format that would appear in a flexible budget.
RUNDLE MANUFACTURING COMPANY
Transcribed Image Text:Rundle Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost $8.60 per unit $ 3.20 per unit $2,900 total $600 total Fixed manufacturing cost Fixed selling and administrative cost Rundle planned to produce and sell 2,200 units. Actual production and sales amounted to 2,400 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 A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget. RUNDLE MANUFACTURING COMPANY
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