Hello

my question was how to find thr flexible budget and fav/unfav? any help will be appreciated.

Phoenix Company's 2019 master budget Included the following fixed budget report. It is based on an expected production and sales volume of 17.000 units. $3,825, eee PHOENIX COMPANY Fixed Budget Report For Year Ended December 31, 2019 Sales Cost of goods sold Direct materials Direct labor Machinery repairs (variable cost) Depreciation-Plant equipment (straight-line) Utilities ($68,000 Is variable) Plant nanagement salaries Gross profit Selling expenses Packaging Shipping Sales salary (+ixed annual amount) General and administrative expenses Advertising expense Salaries Entertainment expense Income from operations $1,190,000 340, eee 85,898 300,000 218,000 215,000 2,348,000 1,477,000 102,000 136,000 250,000 488,000 132,000 241,000 110,000 483,000 $ 506,000 Phoenix Company's actual income statement for 2019 follows $4,563,000 PHOENIX COMPANY statement of Income from Operations For Year Ended December 31, 2019 Sales (20,000 units) Cost ot gouds sold Direct materials $1,410,000 Direct labor 407.000 Machinery repairs (variable cost) 91,00 Depreciation-plant equipment (straight-line) 100,000 utilities and cost $140,000) 227 sa Plant management Salaries 32.ee Gross profit Selling peties Packaging 117.760 Shipping 192,000 Sales salarial 269200 General and ministrative expenses Adverten 141.000 Stars 24,00 Intense 114.00 contro punto 2.36 DO 538750 490,00 se Required: 1. Prepare a flexible budget performance report for 2019. (Indicate the effect of each varlance by selecting for favorable. unfavorable, and No varlance.) PHOENIX COMPANY Flexible Budget Performance Report For Year Ended December 31, 2019 Flexible Budget Actual Results Variances Fav. / Unfay. Sales Variable costs Direct materials Direct labor Machinery repairs Utilities Packaging Shipping 0 Total variable costs Contribution margin Fixed costs Depreciation-Plant equipment straight-line) Utilities Plant management salaries Salaries Sales salary Advertising expense Salaries Entertainment expense Total fored costs Income from operations