complete Required A and B the options to select each answer column are below:

fixed manufacturing

Fixed selling and administrative

Sales

Variable manufacturing

Variable selling and administrative

Contribution Margin

contribution loss

net income

net loss

(please clarify which each answer is using the options below)

Exercise 8-1A (Static) Preparing master and flexible budgets LO 8-1 Cherokee Manufacturing Company established the following standard price and cost data: Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $12.00 per unit $ 7.20 per unit $3,600 total $1,200 total Cherokee planned to produce and sell 2,000 units. Actual production and sales amounted to 2,200 unit 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 Required A Required B Prepare the pro forma income statement in contribution format t CHEROKEE MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2,000 Units 0 $ 0 Required A. Required B Prepare the pro forma income statement in contribution CHEROKEE MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 2,200 Units 0 $ 0