$1$&$2.$ Prepare flexible budgets at sales volumes of $14,000$ and $16,000$ units.

The company's business conditions are improving. One possible result is a sales volume of $18,000$ units. Prepare a simple budgeted

income statement if $18,000$ units are sold.

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Req $1$ and $2$

The company's business conditions are improving. One possible result is a sales volume of $18,000$ units. Prepare a simple

budgeted income statement if $18,000$ units are sold.Required information

$[$The following information applies to the questions displayed below.$]$

Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of $15,000$

units.

Required:

$1$&$2.$ Prepare flexible budgets at sales volumes of $14,000$ and $16,000$ units.

The company's business conditions are improving. One possible result is a sales volume of $18,000$ units. Prepare a simple budgeted

income statement if $18,000$ units are sold.