Respuesta :
Answer:
Pro forma income statement in contribution format
Sales ( 2,200 units × $ 12.00)                     26,400
Less Variable Costs :
Variable manufacturing cost ( 2,200 units × $ 7.20)  (15,840)
Contribution                                   10,560
Less Expenses :
Fixed manufacturing cost                        (3,600)
Fixed selling and administrative cost               (1,200)
Net Income                                    5,760
Explanation:
A flexed budget shows the Budgeted Costs and Revenues at Actual level of production rather than the Budgeted level of production.
A report is termed as the financial statement which shows the costs and revenues that are incurred by a firm. It also displays if a business is profitable or losing money over a given accounting period.
The financial statements, together with the pro forma financial statement, aids in the understanding of your company’s liquidity.
Pro forma income statement in contribution format
Sales[tex]( 2,200 \:units \times \$ 12.00)[/tex] Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 26,400
Less Variable Costs :
Variable manufacturing cost  [tex]( 2,200 \:units \times \$ 7.20)[/tex]  (15,840)
Contribution                                   10,560
Less: Expenses :
Fixed manufacturing cost                        (3,600)
Fixed selling and administrative cost               (1,200)
Net Income                                    5,760
Therefore the net income is $5760
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