chpt 21 part 2

Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,100 units. Phoenix Combanv redorts the followina actual results. Actual sales were 18.100 units. Thoenix Company reports the following actual results. Actual sales were 18,100 units. Required: repare oflexible budget performance report for the year. (Indicate the effect of each variance by selecting "Favorable" or Unfavorable". Select "No variance" and enter "O" for zero variance.) PHOENIX COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget (18,100 Actual Results units) Variances ( 18,100 units) Favorable/Unfavorable Variable costs \begin{tabular}{|l|l|l|l|l|l|} \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline \end{tabular}