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 15,200 units. 1\&2. Prepare flexible budgets at sales volumes of 14,200 and 16,200 units. 3. The company's business conditions are improving. One possible result is a sales volume of 18,200 units. Prepare a simple budgete income statement if 18,200 units are sold. Complete this question by entering your answers in the tabs below. Prepare flexible budgets at sales volumes of 14,200 and 16,200 units. Flexible Budgets For Year Ended December 31 Req3> company's business conditions are improving. One possible result is a sales volume of 18,200 units. Prepare a simple dgeted income statement if 18,200 units are sold