Finch manufacturing company established the following standard price and cost data. sales price $ 8.90 per unit variable manufacturing cost $ 3.60 per unit fixed manufacturing cost $ 2,500 total fixed selling and administrative cost $ 1,000 total finch planned to produce and sell 3,000 units. actual production and sales amounted to 3,200 units. required prepare the pro forma income statement in contribution format that would appear in a master budget. prepare the pro forma income statement in contribution format that would appear in a flexible budget.

Kubin company’s relevant range of production is 18,000 to 22,000 units. when it produces and sells 20,000 units, its average costs per unit are as follows: average cost per unit direct materials $ 7.00 direct labor $ 4.00 variable manufacturing overhead $ 1.50 fixed manufacturing overhead $ 5.00 fixed selling expense $ 3.50 fixed administrative expense $ 2.50 sales commissions $ 1.00 variable administrative expense $ 0.50 required: 1. for financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. for financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. for financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. for financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?