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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

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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 15,300 units. Phoenix Company reponts the following actual results. Actual salnc waw wainin units: Prepare a flexible budget performance report for the yeat (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "No variance" and enter "O" for zero variance.) Phoenix Company reports the following actual results. Actual sales were 18,300 units. Required: Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting "Favorable" or "Unfovorable". Select "No variance" and enter "0" for zero variance.)

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