Required information Use the following information for the Problems below. (Algo) The following information applies to the questions displayed below! Phoenix Company reports the following fowed budget. It is based on an expected production and sales volume of (expression error units PRIENIX CON Fixed toget For Year Ended December 31 soles 1,100,000 Costa Direct materials 1,025,000 Direct labor 232,500 Sales staff comissions 62,000 Depreciation-achinery 300.000 Supervisory salaries 201,000 Shipping 2.)2,500 Soles staff salaries (fixed annual amount) 246,000 Adkinistrative salaries 450.000 Depreciation office equipment 190.000 Inco $ 155,000 Problem 8-1A (Algo) Preparing and analyzing a flexible budget LO P1 Required: 182. Prepare flexble budgets at sales volumes of 14,500 and 16,500 units 3. The company's business conditions are improving One possible result is a sales volume of 18,500 units. Prepare a simple budgeted income statement if 18,500 units are sold Required information 162. Prepare flexible budgets at sales volumes of 14,500 and 16,500 units. 3. The company's business conditions are improving One possible result is a sales volume of 18,500 units. Prepare a simple budgeted income statement i 18.500 units are sold Complete this question by entering your answers in the tabs below. Red and 2 Hea Prepare textile budgets at sales volumes of 14,500 and 16,500 units. PHOENIX COMPANY For Year End December 31 Flexible Budget Variable Armount Totalled per un CON Flexible Hudget for Units Sales Unt Sales o of 14,500 16.500 Sales Variable costs Direct materiali Sales stall come Shipping 0.00 0 Total Variable costs Contribution margin Fixed costs Depreciation Machinery Supervisory salaries Sale stallsalaries Administrative salaries Depreciation - Office equipment 5 05 5 0 Total fined costs Mincome Problem 8-1A (Algo) Preparing and analyzing a flexible budget LO P1 Required: 162. Prepare flexible budgets at sales volumes of 1,500 and 16.500 units 3. The company's business conditions are improving One possible result is a sales volume of 18,500 units. Prepare a simple budgeted income statement is 18,500 units are sold Complete this question by entering your answers in the tabs below. F. 1 and 2 R3 The company's business conditions are improving one possible result in a sales volume of 18,500 units. Prepare a simple budgeted income statement if 1,500 units are sold PHOENOS COMPANY Budget Income Statement For Year End December 31 Sales in its 18.500