Zachary Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost...
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Zachary Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost $ 8.70 per unit $ 3.40 per unit $2,300 total $1,000 total Fixed selling and administrative cost Zachary planned to produce and sell 2.700 units. Actual production and sales amounted to 2,900 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. Zachary Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost $ 8.70 per unit $ 3.40 per unit $2,300 total $1,000 total Fixed selling and administrative cost Zachary planned to produce and sell 2.700 units. Actual production and sales amounted to 2,900 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.
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a Pro Forma Income Statement Master Budget Sales Revenue 23430 2700 ... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-1259569197
8th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
Posted Date:
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