Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of $15,200$

units.

Phoenix Company reports the following actual results. Actual sales were $18,200$ units.

Required:

Prepare a flexible budget performance report for the year.

Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select $"$No variance" and enter $"0"$ for zero

variance.