Exercise 8-1A (Algo) Preparing master and flexible budgets 8-1

Stuart Manufacturing Company established the following standard price and cost data

sales price $8.50 per unit

variables manufacturing cost $ 3.90 per unit

fixed manufacturing cost $2,400 total

fixed selling and administrative cost $800 total

Stuart planned to produce and sell 2,300 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

Exercise 8-1A (Algo) Preparing master and flexible budgets LO 8-1 Stuart Manufacturing Company established the following standard price and cost data. Stuart planned to produce and sell 2,300 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 enterinis your answers in the tabs below. Prepare the pro forma income statement in contribution format that would appear in a master budget. 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. Prepare the pro forma income statement in contribution format that would appear in a master budget. Exercise 8-1A (Algo) Preparing master and flexible budgets LO 8-1 Stuart Manufacturing Company established the following standard price and cost data. Stuart planned to produce and sell 2,300 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. Prepare the pro forma income statement in contribution format that would appear in a flexible budget. 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 thls question by entering your answers in the tabs below. Prepare the pro forma income statement in contribution format that would appear in a flexlble budget