Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,100 units. PHOENIX COMPANY Fixed Budget For Year Ended December 31 Sales $ 3,171,000 Costs Direct materials 996,600 Direct labor 211,400 Sales staff commissions 60,400 DepreciationMachinery 305,000 Supervisory salaries 198,000 Shipping 226,500 Sales staff salaries (fixed annual amount) 250,000 Administrative salaries 570,550 DepreciationOffice equipment 194,000 Income $ 158,550 Problem 23-2A (Algo) Preparing a flexible budget performance report LO P1 Phoenix Company reports the following actual results. Actual sales were 18,100 units. Sales (18,100 units) $ 3,846,250 Costs Direct materials $ 1,209,080 Direct labor 260,640 Sales staff commissions 63,350 DepreciationMachinery 305,000 Supervisory salaries 211,000 Shipping 263,355 Sales staff salaries (fixed annual amount) 269,000 Administrative salaries 578,550 DepreciationOffice equipment 194,000 Income 492,275