Ick Manufacturing Company established the following standard price and cost information: Sales price Variable manufacturing costs...

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Ick Manufacturing Company established the following standard price and cost information: Sales price Variable manufacturing costs Fixed manufacturing cost Fixed selling and administrative cost $47 per unit 33 per unit $107,000 total $42,500 total Ick expected to produce and sell 22,500 units. Actual production and sales amounted to 24,000 units. Required: a. Prepare the pro forma income statement in contribution margin format that would appear in Ick's master budget for the year. b. Prepare the income statement in contribution margin format that would appear in Ick's flexible budget. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the pro forma income tatement in contribution margin format that would appear in Ick's master budget for the year. ICK COMPANY Pro Forma Income Statement based on Master Budget Sales Variable manufacturing costs: Contribution margin Fixed costs: Fixed manufacturing cost Fixed selling and administrative cost Required: a. Prepare the pro forma income statement in contribution margin format that would appear in Ick's master budget for th b. Prepare the income statement in contribution margin format that would appear in Ick's flexible budget. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the income statement in contribution margin format that would appear in Ick's flexible budget. ICK COMPANY Income Statement based on Flexible Budget Fixed costs: 0 < Required A Required B Ick Manufacturing Company established the following standard price and cost information: Sales price Variable manufacturing costs Fixed manufacturing cost Fixed selling and administrative cost $47 per unit 33 per unit $107,000 total $42,500 total Ick expected to produce and sell 22,500 units. Actual production and sales amounted to 24,000 units. Required: a. Prepare the pro forma income statement in contribution margin format that would appear in Ick's master budget for the year. b. Prepare the income statement in contribution margin format that would appear in Ick's flexible budget. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the pro forma income tatement in contribution margin format that would appear in Ick's master budget for the year. ICK COMPANY Pro Forma Income Statement based on Master Budget Sales Variable manufacturing costs: Contribution margin Fixed costs: Fixed manufacturing cost Fixed selling and administrative cost Required: a. Prepare the pro forma income statement in contribution margin format that would appear in Ick's master budget for th b. Prepare the income statement in contribution margin format that would appear in Ick's flexible budget. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the income statement in contribution margin format that would appear in Ick's flexible budget. ICK COMPANY Income Statement based on Flexible Budget Fixed costs: 0 < Required A Required B