Required information [The following information applles to the questions displayed below] Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,100 units. Phoenix Company reports the following actual results. Actual sales were 18,100 units. Required: Required: Prepare a flexible budget performance report for the year: Note: tindicate the effect of each variance by selecting "Fovorable" or "Unfavorable". Select "No variance" and enter "0" for zer Required: Prepare a flexible budget performance report for the year. Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "No variance" and enter " O " for zero variance