Exercise 8-1A (Algo) Preparing master and flexible budgets LO 8-1 Walton Manufacturing Company established the following standard orice and ost data. Walton 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. 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 budoet. 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 flexib