$(1)$

Required information

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Phoent: Company reports the following fixed budget. If is based on an expected production and sales volume of $15\mathrm{.}000$ units.

$\backslash$table$[[$Sales$],[$Costs$,13,6$ee$,6$ee$],[,],[$Direct saterials,$95,699],[$Direct laber,$225,600],[$Sales staff carisisions,$69,600],[$Depreciation$-$Hachisery,$3$ee$,$ eve$],[$Supervisery salaries,$264,660],[$saipping$,225,600],[$Sales staff salaries $($fixed annusl anount$),25$e$,6$ee$],[$Adeinistrative salaries,$411,6$ee$],[$Deprecsation$-0$ffice equipment,$153,660],[$Incese$,$$ $159,600]]$

Required:

$14\mathrm{.}2.$ Prepare flexible budgets at sales volumes of $14,000$ and $16,000$ units.

The company's businesis 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.

Compiete this question by entering your answers in the tabs belom.

flec $1$ and $2$

Prepare fiesible budgets at saies volumes of $14,000$ and $16,000$ units.

PMOFALS COWPANY

Flexible Budgets

For Mow Ended December it

Finaible Budget

Flesible Budget for:Req $1$ and $2$

Req. $3$

Prepare fiexible budgets at sales volumes of $14,000$ and $16,000$ units.

$\backslash$table$[[$PHOENEX COMPANY$],[$Flesible Budgets$],[$Foe Year Ended December $31],[,$Flesible Budget Variably Amount per Unill,Tetal Fixed Cost,$\backslash$table$[[$Flexible Budget fer: Units Sales$],[$Unit Sales of of $19/00010,000]]],[$Sales$,8200\mathrm{.}00,,$$$2,800,000,],[$Wriable sosits$],[$Disect materials,$65\mathrm{.}00,,910\mathrm{.}000,1,040,000],[$Divect laber,$15\mathrm{.}00,,210\mathrm{.}000,240,000],[$Sales staff comminsions,$4\mathrm{.}00,,54,000,64,000],[$Sripping$,15\mathrm{.}00,,210,000,240,000],[,,,,],[$Total variable costs,$99\mathrm{.}00,,1,386,000,1,584,000],[,,,,],[$Fixed costs$],[$Depreciation$-$Machinery,,$300,000,300,000,300,000],[$Supervisory saluries,,$200,000,200,000,200,000],[$Gaves staff saiaries,,$250\mathrm{.}000,250,000,250,000],[$Adminiatrative saliaries,,$411,000,411,000,411,000],[$Depreciation$-$Office equipment,,$195\mathrm{.}000,195\mathrm{.}000,195\mathrm{.}000],[,,,,],[$Total flaed costs,,$ $1,356,000,$$$1,356,000,$$ $1,356,000],[$heoome$,,,$$ $58,000,$$ $260\mathrm{.}000]]$

PromePrepare flexible budgets at sales volumes of $14,000$ and $16,000$ units.

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.

Req $1$ and $2$

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.

$\backslash$table$[[$PHOENIX COMPANY$],[$Budgeted Income Statement$],[$For Year Ended December $31],[$Sales $($in units$),18,000],[$Sales$,$$ $3,600,000],[$Less: Variable cost,$],[$Contribution margin,$],[$Lese: Fired cost,$],[$Income$,$$$0$