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Required information [ The following information applies to the questions displayed below. ] Phoenix Company reports the following fixed budget. It is based on an

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Required information
[The following information applies to the questions displayed below.]
Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,200 units.
\table[[\table[[PHOENIX COMPANY],[Fixed Budget]]],[,For Year Ended December 31],[Sales,$3,040,000
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