Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,200 units. Problem 8-2A (Algo) Preparing a flexlble budget performance report LO P1 Phoenix Company reports the following actual results. Actual sales were 18,200 units. Requlred: Prepare a flexible budget performance report for the year. (Indlcate the effect of each varlance by selectling "Favorable" or "Unfavorable". Select "No varlance" and enter "0" for zero varlance.)