[The following information applies to the questions displayed below] Phoenix Company reports the following fored budget. It is based on an expected production and sales volume of 15,000 units. Required: Required: 142. Prepare fexible budgets at sales volumes of 14,000 and 16,000 units. 14. The company's business conditions are improving One possible result is a sales volume of 18.000 units. Prepare as simple budgeted income statement if 18,000 units are sold. Complete this question by entering your answers in the tabs below