This is a two part questions. Thanks!

PHOENIX COMPANY Fixed Budget Prepare flexible budgets at sales volumes of 14,000 and 16,000 units. budgeted income statement if 18,000 units are soid. Problem 21-2A (Algo) Preparing a flexible budget performance report LO P1 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.) Problem 21-1A (Algo) Preparing and analyzing a flexible budget LO P1 Required: 1\&2. Prepare flexible budgets at sales volumes of 14,000 and 16,000 units 3. The company's business conditions are improving. One possible result is a sales volume of 18,000 units. Prepare a simple budgeted income statement if 18,000 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 18,000 units. Prepare a simple budgeted income statement if 18,000 units are sold. Problem 21-1A (Algo) Preparing and analyzing a flexible budget LO P1 Required: 1\&2. Prepare flexible budgets at sales volumes of 14,000 and 16,000 units. 3. The company's business conditions are improving. One possible result is a sales volume of 18,000 units. Prepare a simple budgeted income statement if 18,000 units are sold. Complete this question by entering your answers in the tabs below. Prepare flexible budgets at sales volumes of 14,000 and 16,000 units