Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,200 units. Sales PHOENIX COMPANY Fixed Budget For Year Ended December 31 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