Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,100 units. Sales Costs Direct materials Direct labor PHOENIX COMPANY Fixed Budget For Year Ended December 31 Sales staff commissions Depreciation-Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-office equipment Income $ 3,171,000 981,500 211,400. 75,500 305,000 201,000 211,400 251,000 576,650 199,000 $ 158,550 hoenix Company reports the following actual results. Actual sales were 18,100 units. Sales (18,100 units) Costs Direct materials Direct labor Sales staff commissions $ 3,846,250 $ 1,190,980 260,640 81,450 305,000 215,000 Depreciation-Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-office equipment Income 245,255 272,000 585,650 199,000. 491,275 For Year Ended December 31 PHOENIX COMPANY Flexible Budget Performance Report Flexible Variable costs Fixed costs Actual Results Budget (18,100 units) Variances Favorable/Unfavorable (18,100 units)