Required information The following information opplies to the questions displayed below] Phoenix Company ieports the following foed budget it is based on an expected production and sales valume of 15,000 units. Required: 182. Prepore flexible budgets at sales volumes of 14,000 and 16,000 units 3. The company's business condicons are improving. One possibie result is a soles volume of 18.000 units. Prepare a simple budgeted income statement if 18,000 units are sold. Required information The following information opplies to the questions displayed below] Phoenix Company ieports the following foed budget it is based on an expected production and sales valume of 15,000 units. Required: 182. Prepore flexible budgets at sales volumes of 14,000 and 16,000 units 3. The company's business condicons are improving. One possibie result is a soles volume of 18.000 units. Prepare a simple budgeted income statement if 18,000 units are sold