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

Required:

$1$&$2.$ Prepare flexible budgets at sales volumes of $14,500$ and $16,500$ units.

$3.$ The company$$s business conditions are improving. One possible result is a sales volume of $18,500$ units. Prepare a simple budgeted income statement if $18,500$ units are sold.