i need help understanding how to complete

a flexible budget performance report for the year. this is a practice question i need help understanding

Required information Use the following information for the Problems below. (Algo) [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 15,400 units. PHOENIX COMPANY Fixed Budget For Year Ended December 31 Sales $ 3,234, 090 Costs Direct materials 1, 001, 090 Direct labor 231, 090 Sales staff commissions 61, 600 Depreciation-Machinery 295, 600 Supervisory salaries 197, 09e Shipping 231, 600 Sales staff salaries (fixed annual amount) 247,090 Administrative salaries 610, 790 Depreciation-Office equipment 198, 600 Income $ 161, 700 Problem 23-2A (Algo) Preparing a flexible budget performance report LO P1 Phoenix Company reports the following actual results. Actual sales were 18.400 units. Sales (18,400 units) $ 3,910, 980 Costs Direct materials $ 1, 210, 720 Direct labor 283, 360 Sales staff commissions 64, 406 Depreciation-Machinery 295, 090 Supervisory salaries 212, 90e Shipping 267, 720 Sales staff salaries (fixed annual amount) 264, 090 Administrative salaries 620, 790 Depreciation Office equipment 198, 060 Income 494, 180 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 "0" for zero variance.) PHOENIX COMPANY Flexible Budget Performance Report Flexible For Year Ended December 31 Budget (18,400 Actual Results (18,400 units) Variances Favorable/Unfavorable units) Sales Variable costs Direct materials Direct labor Shipping of Fixed costs Depreciation-Machinery 0