Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,200 units. PHOENIX COMPANY Fixed Budget For Year E Ended December 31 Sales Costs Direct materials Direct labor Sales staff commissions Depreciation-Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-office equipment Income $ 3,040,000 972,800 228,000 60,800 295,000 199,000 228,000 254,000 455,400 195,000 $ 152,000 Problem 21-2A (Algo) Preparing a flexible budget performance report LO P1 Phoenix Company reports the following actual results. Actual sales were 18,200 units. Sales (18,200 units) Costs Direct materials Direct labor $1,685,500 $1,179,360 280.280