Required LIVII [The following information applies to the questions displayed below.] Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,000 units. Sales Costs Direct materials Direct labor Sales staff commissions Depreciation-Machinery Income Income PHOENIX COMPANY Fixed Budget For Year Ended December 31 Supervisory salaries. Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-Office equipment Sales (18,000 units) Costs Phoenix Company reports the following actual results. Actual sales were 18,000 units. $ 3,825,000 $ 1,202,400 295,200 81,000 Direct materials Direct labor Sales staff commissions Depreciation-Machinery Required: Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-Office equipment. $ 3,150,000 990,000 240,000 75,000 300,000 195,000 240,000 254,000 501,500 197,000 $ 157,500 300,000 209,000 279,900 271,000 0,500 197,000 479,000

[The following information applies to the questions displayed below] Phoenix Company reports the following fixed budget it is based on an expected production and sales volume of 15.000 units. Phoenix Company reports the following actual results. Actual sales were 18,000 units Required: Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "No variance" and enter "O" for zero variance.)