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21.4 Phoenlx 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.

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Phoenlx 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. Phoenlx Company's actual Income statement for 2019 follows. Required: 1. Prepare a flexible budget performance report for 2019 . (Indlcate the effect of each varlance by selecting for favorable, unfavorable, and No varlance.)

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