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Phaenlx Compsny reports the following fixed budget. It is lased on an expected production and sales volume of $15,300$

units.

Required:

$1$&$2.$ Prepore fiexible budgets at ssies volumes of $14,300$ and $16,300$ units

The company's bualness conditions are impraving. One possible result is a sales volume of $18,300$ units. Prepare a simple buigeted

income statement if $18,300$ units are sold.

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Peap $1$ and $2$

Prepare fiexible budqets at sales volumes of $14,300$ and $16,300$ units.