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 15,000 units. Problem 21-2A (Algo) Preparing a flexible budget performance report LO P1 Phoenkx Company reports the following actual results. Actual sales were 18,000 units. Pequired: Prepare a fiexible budget peuformarice report for the yeal. (Indicate the effect of each variance by sedecting "Farerable" or "Unfavorabie", Select "No variance" and enter "o" for aero variance.) repare 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.)