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.

Phoenix Company reports the following actual results. Actual sales were $18,200$ units.Required:

Prepare a flexible budget perfoPhoenlx Company reports the following fixed budget. It is based on an expected production and sales volume of $15,200$

units.

Phoenlx 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 selectling "Favorable" or "Unfavorable". Select $"$No varlance" and enter $"0"$ for zero

varlance.rmance report for the year.

Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select $"$No variance" and enter $"0"$ for zero

variance.$[$The following information applies to the questions displayed below.$]$

Phoenlx Company reports the following fixed budget. It Is based on an expected production and sales volume of $15,200$

units.

Phoenlx Company reports the following actual results. Actual sales were $18,200$ units.

Requlred:

Prepare a flexible budget performance report for the year.

Note: Indlcate the effect of each varlance by selecting "Favorable" or "Unfavorable". Select $"$No varlance" and enter $"0"$ for zero

varlance.