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 15,000 units. Phoenix Company reports the following actual results. Actual sales were 18,000 units. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ PHOENIX COMPANY } \\ \hline \multicolumn{5}{|c|}{ Flexible Budget Performance Report } \\ \hline For Year Ended December 31 & \begin{tabular}{c} Flexible \\ Budget (18,000 \\ units) \end{tabular} & \begin{tabular}{c} Actual Results \\ (18,000 units) \end{tabular} & Variances & Favorable or Unfavorable \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Variable costs } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & 0 & 0 & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Fixed costs } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & 0 & 0 & & \\ \hline & & & & \\ \hline \end{tabular} 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 15,000 units. Phoenix Company reports the following actual results. Actual sales were 18,000 units. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ PHOENIX COMPANY } \\ \hline \multicolumn{5}{|c|}{ Flexible Budget Performance Report } \\ \hline For Year Ended December 31 & \begin{tabular}{c} Flexible \\ Budget (18,000 \\ units) \end{tabular} & \begin{tabular}{c} Actual Results \\ (18,000 units) \end{tabular} & Variances & Favorable or Unfavorable \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Variable costs } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & 0 & 0 & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Fixed costs } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & 0 & 0 & & \\ \hline & & & & \\ \hline \end{tabular}