Question: Alpha Pharmaceuticals Item Value Sales price per unit $50.00 Variable cost per unit $25.00 Fixed manufacturing cost $15,000 total Fixed selling and administrative cost $5,000

  1. Alpha Pharmaceuticals

Item

Value

Sales price per unit

$50.00

Variable cost per unit

$25.00

Fixed manufacturing cost

$15,000 total

Fixed selling and administrative cost

$5,000 total

  1. Alpha Pharmaceuticals planned to produce and sell 1,000 units. Actual production and sales amounted to 1,200 units. Required:
    1. Create the pro forma income statement for the master budget.
    2. Create the pro forma income statement for the flexible budget.

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