Required Information Use the following information for the Problems below. (Algo) [The following informotion opplies to the questions disployed below.] Phoenix Compony reports the following fixed budget. It is bosed on an expected production and sales volume of 15,300 units. Problem 8-1A (Algo) Preparlng and analyzlng a flexlble buciget LO P1 Required: 1&2. Prepare flexible budgets at sales volumes of 14,300 and 16,300 units. 3. The compony's business conditions are improving. One possible result is a sales volume of 18,300 units. Prepare a simple budgeted income statement if 18,300 units ore sold. Complete this question by entering your answers in the tabs below. Prepare flexible budgets at sales volumes of 14,300 and 16,300 units. Required Information Use the following information for the Problems below. (Algo) [The following informotion opplies to the questions disployed below.] Phoenix Company reports the following fixed buoget. It is based on an expected production and sales volume of 15,300 units. Problem 8-1A (Algo) Preparing and analyzing a flexlble bucdget LO P1 Required: 1\&2. Prepare flexible budgets at sales volumes of 14,300 and 16,300 units. 3. The compony's business conditions are improving. One possible result is a sales volume of 18,300 units. Prepare a simple budgeted income statement if 18,300 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 18,300 units. Prepare a simple budgeted income statement if 18,300 units are sold