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Phoenix Company reports the following actual results. Actual sales were 18,000 units. Required: Prepare a flexible budget performance report for the year. Note: Indicate the

image text in transcribedimage text in transcribedimage text in transcribed Phoenix Company reports the following actual results. Actual sales were 18,000 units. Required: Prepare a flexible budget performance report for the year. Note: Indicate the effect of each varlance by selecting "Favorable" or "Unfavorable". Select "No varlance" and enter "O" for zero varlance. 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

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