[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 15,200 units. Required: 1\&2. Prepare flexible budgets at sales volumes of 14,200 and 16,200 units 3. The company's business conditions are improving. One possible result is a sales volume of 18.200 units. Prepare a simple budgeted income statement if 18.200 units are sold. Complete this question by entering your answers in the tabs below. The company's business conditions are improving. One possible result is a sales volume of 18,200 units. Prepare a simple budgeted income statement if 18,200 units are sold