Exercise 15-2A (Algo) Preparing master and flexible budgets LO 15-2 Solomon Manufacturing Company established the following standard price and cost data. Solomon 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. b. Prepare the pro forma income statement in contribution format that would appear in a flexible budget. Prepare the pro forma income statement in contribution format that would appear in a flexible budget. Exercise 15-2A (Algo) Preparing master and flexible budgets LO 15-2 Solomon Manufacturing Company established the following standard price and cost data. Solomon 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. b. Prepare the pro forma income statement in contribution format that would appear in a flexible budget. Prepare the pro forma income statement in contribution format that would appear in a flexible budget