Required Information [The following information applles to the questlons displayed below.] Phoenlx Company reports the following fixed budget. It Is based on an expected production and sales volume of 15,300 units. Requlred: 1\&2. Prepare flexible budgets at sales volumes of 14,300 and 16,300 unlts. 3. The company's business conditions are Improving. One possible result is a sales volume of 18,300 unlts. Prepare a simple budgeted Income statement If 18,300 units are sold. Complete this question by entering your answers in the tabs below. Prepare flexible budgets at sales volumes of 14,300 and 16,300 units. Requlred: 1\&2. Prepare flexible budgets at sales volumes of 14,300 and 16,300 units. 3. The company's business conditions are improving. One possible result is a sales volume of 18,300 unlts. Prepare a simple budgeted ncome statement If 18,300 units are sold. Complete this question by entering your answers in the tabs below. Prepare flexible budgets at sales volumes of 14,300 and 16,300 units