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Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,100 units. Problem 21-2A (Algo) Preparing a
Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,100 units. Problem 21-2A (Algo) Preparing a flexible budget performance report LO P1 Phoenix Company reports the following actual results. Actual sales were 18,100 units. Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "No variance" and enter "0" for zero variance.)
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