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21.1 Phoenix Company's 2019 master budget Included the following fixed budget report. It is based on an expected production and sales volume of 15,000 units.

21.1

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Phoenix Company's 2019 master budget Included the following fixed budget report. It is based on an expected production and sales volume of 15,000 units. Requlred: 1\&2. Prepare flexible budgets for the company at sales volumes of 14,000 and 16,000 units and classify all Items IIsted In the fixed budget as varlable or fixed

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