Phoenix company reports the following fixed budget. It is based on an expected production and sales volume of (expression error) units.

Use the following information for the Problems below. (Algo) [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 (expression error) units. $ 3,060,000 PHOENIX COMPANY Fixed Budget For Year Ended December 31 Sales Costa Direct materials Direct labor sales statt Commissions Depreciation Machinery Supervisory salaries Shipping Sales statt salaries (fixed annual amount) Administrative salaries Depreciation office equipment Income 979,200 229,500 76,500 295,000 201,000 214,200 247,000 466,600 198,000 $ 153,000 Problem 8-1A (Algo) Preparing and analyzing a flexible budget LO P1 Required: 1& 2. Prepare flexible budgets at soles volumes of 14,300 and 16,300 units. 3. The company's business conditions are improving One possible result is a sales volume of 18,300 units. Prepare a simple budgeted income statement if 18,300 units are sold. Complete this question by entering your answers in the tabs below. Prepare flexible budgets at sales volumes of 14,300 and 16,300 units. PHOENIX COMPANY Flexible Budgets For Yoar Ended December 31 Flexible Budget Variable Amount Total Fixed per Unit Cost Flexible Budget for Units Sales Unit Salos of of 14,300 16,300 Variable costs Fixed costs Req 1 and 2 Reg 3 The company's business conditions are improving. One possible result is a sales volume of 18,300 units. Prepare a simple budgeted Income statement if 18,300 units are sold. PHOENIX COMPANY Budgeted Income Statement For Year Ended December 31 Sales (in units) 18,300