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Phoenix Company reports the following fixed budget. It is based on an

expected production and sales volume of $15,100$ units.

Required:

$1$&$2.$ Prepare flexible budgets at sales volumes of $14,100$ and $16,100$ units.

The company's business conditions are improving. One possible result is a sales

volume of $18,100$ units. Prepare a simple budgeted income statement if $18,100$ units are

sold.

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Req $1$ and $2$

The company's business conditions are improving. One possible result is a sales volume of $18$

budgeted income statement if $18,100$ units are sold.