Question: please help Complete this question by entering your answers in the tabs below. Propare the pro forma income statement that would appear in the master




Complete this question by entering your answers in the tabs below. Propare the pro forma income statement that would appear in the master budget if the firm expects to provide 29,000 hours of tervices in Year 1. Howard Cooper, the president of Finch Computer Services, needs your help. He wonders about the potential effects on the firm's net income if he changes the service rate that the firm chatges its customers. The following basic data pertain fo fiscal Year 1: Required: 0. Prepare the pro forma income statement that woild appear in the master budget if the firm expects to provide 29,000 houts of services in Year 1 b. A ranketing consultant suggests to Mr Cooper that the service tate may affect the number of service hours that the firm can achieve. According to the consultant's analysis, if Finch charges customers $60 per hout, the firm can achieve 33,000 hours of services. Prepare o Bexible budget using the consultant's assumption c. The same consuitant also suggests that if the firm raises as rate to $70 pet hour the number of sepuce hours will dectine 1025,000 . Prepare a flexible budget using the new assumption. d. Which pricing strategy should be adopted? Complete this question by entering your answers in the tabs below. A marketing consultant suggests to Mr. Cooper that the service rate may affect the number-of service hours that the firm can achieve. According to the consultant's analysis, if Finch charges customers $60 per hour, the firm can achieve 33,000 hours of services. Prepare a flexible budget using the consultant's assumption. Complete this question by entering your answers in the tabs below. The same consultant also suggests that if the firm raises its rate to $70 per hour, the number of service hours will decline to 25,000, Prepare a flexible budget using the new assumption. Complete this question by entering your answers in the tabs below. Which pricing strategy should be adopted
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