Phoenix Company reports the following fixed budget. It is based on an expected production and sales volume of 15,100 units. Sales PHOENIX COMPANY Fixed Budget For Year Ended December 31 Costs Direct materials Direct labor Sales staff commissions Depreciation-Machinery Supervisory salaries) Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-Office equipment Income $ 3,171,000 996,600 241,600 45,300 300,000 203,000 211,400 251,000 572,550 191,000 $ 158,550 Required: 1&2. Prepare flexible budgets at sales volumes of 14,100 and 16,100 units. 3. The company's business conditions are improving. One possible result is a sales volume of 18,100 units. Prepare a simple budgeted income statement if 18,100 units are sold. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Prepare flexible budgets at sales volumes of 14,100 and 16,100 units. Required information 1&2. Prepare flexible budgets at sales volumes of 14,100 and 16,100 units. 3. The company's business conditions are improving. One possible result is a sales volume of 18,100 units. Prepare income statement if 18,100 units are sold. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Prepare flexible budgets at sales volumes of 14,100 and 16,100 units. PHOENIX COMPANY Flexible Budgets For Year Ended December 31 Variable costs Fixed costs Flexible Budget Flexible Budget for: Variable Amount per Unit Total Fixed Cost Units Sales Unit Sales of of 14,100 16,100 Req 1 and 2 Req 3 > ts eBook Problem 8-1A (Algo) Preparing and analyzing a flexible budget LO P1 Required: 1&2. Prepare flexible budgets at sales volumes of 14,100 and 16,100 units. 3. The company's business conditions are improving. One possible result is a sales volume of 18, income statement if 18,100 units are sold. Ask Complete this question by entering your answers in the tabs below. Print Req 1 and 2 Req 3 References Mc Graw Hill The company's business conditions are improving. One possible result is a sales volume of 18,100 units budgeted income statement if 18,100 units are sold. PHOENIX COMPANY Budgeted Income Statement For Year Ended December 31 Sales (in units) 18,100 < Req 1 and 2 000 Req 3 > Prev 1 of 1