Phoenix Company reports the following fixed budget. It is based on an expected production and sales

volume of $15,400$ units.

Problem $8-1$A $($Algo$)$ Preparing and analyzing a flexible budget LO P$1$

Required:

$1$&$2.$ Prepare flexible budgets at sales volumes of $14,400$ and $16,400$ units.

The company's business conditions are improving. One possible result is a sales volume of $18,400$ units. Prepare a

simple budgeted income statement if $18,400$ units are sold.

Complete this question by entering your answers in the tabs below.

Req $1$

and $2$

Req $3$

Prepare flexible budgets at sales volumes of $14,400$ and $16,400$ units.