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 $15,500$

units.

Problem $8-1$A $($Algo$)$ Preparing and analyzing a flexible budget LO P$1$

Required:

$1$&$2.$ Prepare flexible budgets at sales volumes of $14,500$ and $16,500$ units. Required information

Required:

$1$&$2.$ Prepare flexible budgets at sales volumes of $14,500$ and $16,500$ units.

$3.$ The company's business conditions are improving. One possible result is a sales volume of $18,500$ units. Prepare a simple budgeted income statement if $18,500$ units are sold.

Complete this question by entering your answers in the tabs below.

Prepare flexible budgets at sales volumes of $14,500$ and $16,500$ units. $1$

Required information

$\backslash$table$[[$Flexible Budgets$],[$For Year Ended December $31],[,$Flexible Budget,Flexible Budget for:$],[,\backslash$table$[[$Variable Amount$],[$per Unit$]],\backslash$table$[[$Total Fixed$],[$Cost$]],\backslash$table$[[$Units Sales$],[$of $14,500]],\backslash$table$[[$Unit Sales of$],[16,500]]],[,,,,],[$Variable costs$],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[$Fixed costs$],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,]]$ Required information

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$1$&$2.$ Prepare flexible budgets at sales volumes of $14,500$ and $16,500$ units.

The company's business conditions are improving. One possible result is a sales volume of $18,500$ units. Prepare a simple budgeted

income statement if $18,500$ units are sold.

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

Req $3$

The company's business conditions are improving. One possible result is a sales volume of $18,500$ units. Prepare a simple

budgeted income statement if $18,500$ units are sold.