Phoenlx 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 "O" for zero variance. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ PHOENEX COMPANY } \\ \hline \multicolumn{5}{|c|}{ Floxible Budget Performance Report } \\ \hline For Year Ended Docember 31 & \begin{tabular}{l} Flexible \\ Budget (18,200 \\ unitg) \end{tabular} & \begin{tabular}{l} Actual Rosults \\ (18,200 units) \end{tabular} & Varlances & Favorable or Untavorable \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Variable costs } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & 0 & 0 & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Fixed costs } \\ \hline & & & & \\ \hline & & & & \\ \hline & +1 & & & \\ \hline & +2 & & & \\ \hline & & 7 & & \\ \hline & & & & \\ \hline & 0 & & & \\ \hline & 2= & 8 & & 5 \\ \hline \end{tabular}