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Required infermation (The following information epplles to the Questions displiynd boiow) Phoenik. Company teports the following fined budget. it is based on an expocted production

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Required infermation (The following information epplles to the Questions displiynd boiow) Phoenik. Company teports the following fined budget. it is based on an expocted production and sales volume of 15 , 100 units. Phoenik Compony reports the followhg actaal results. Actuai selos were topoo unts. Requiredi 'Unfayoeabie'. Select No valience' and enter 'or for zevo varlance.) Phoenix Company reports the following actual results. Actual sales were 18,100 units. Required: 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 "O" for zero variance.) Required infermation (The following information epplles to the Questions displiynd boiow) Phoenik. Company teports the following fined budget. it is based on an expocted production and sales volume of 15 , 100 units. Phoenik Compony reports the followhg actaal results. Actuai selos were topoo unts. Requiredi 'Unfayoeabie'. Select No valience' and enter 'or for zevo varlance.) Phoenix Company reports the following actual results. Actual sales were 18,100 units. Required: 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 "O" for zero variance.)

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