Phoenix Company reports the following actual results. Actual sales were 18,100 units. Sales (18,100 units) $...

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Phoenix Company reports the following actual results. Actual sales were 18,100 units. Sales (18,100 units) $ 3,665,250 Costs $ 1,209,080 278,740 45,250 295,000 Direct materials. Direct labor Sales staff commissions Depreciation Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation Office equipment Income 210,000 245,255 269,000 459,200 191,000 462,725 Required: Prepare a flexible budget performance report for the year (Indicate the effect of each variance by selecting "Favorab "Unfavorable". Select "No variance" and enter "O" for zero variance.) Phoenix Company reports the following actual results. Actual sales were 18,100 units. Sales (18,100 units) $ 3,665,250 Costs $ 1,209,080 278,740 45,250 295,000 Direct materials. Direct labor Sales staff commissions Depreciation-Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-office equipment Income 210,000 245,255 269,000 459,200 191,000 462,725 Required: Prepare a flexible budget performance report for the year (Indicate the effect of each variance by selecting "Favorab "Unfavorable". Select "No variance" and enter "O" for zero variance.) Phoenix Company reports the following actual results. Actual sales were 18,100 units. Sales (18,100 units) $ 3,665,250 Costs $ 1,209,080 278,740 45,250 295,000 Direct materials. Direct labor Sales staff commissions Depreciation Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation Office equipment Income 210,000 245,255 269,000 459,200 191,000 462,725 Required: Prepare a flexible budget performance report for the year (Indicate the effect of each variance by selecting "Favorab "Unfavorable". Select "No variance" and enter "O" for zero variance.) Phoenix Company reports the following actual results. Actual sales were 18,100 units. Sales (18,100 units) $ 3,665,250 Costs $ 1,209,080 278,740 45,250 295,000 Direct materials. Direct labor Sales staff commissions Depreciation-Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-office equipment Income 210,000 245,255 269,000 459,200 191,000 462,725 Required: Prepare a flexible budget performance report for the year (Indicate the effect of each variance by selecting "Favorab "Unfavorable". Select "No variance" and enter "O" for zero variance.)

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To prepare a flexible budget performance report well need to compare the actual results with the fle... View the full answer