Required Information Use the following information for the Problems below. (Algo) [The following informotion opplies to the questions displayed below.] Phoenix Compsny reports the following fixed budget. It is bosed on an expected production and sales volume of 15,300 units. Problem 8-1A (Algo) Preparing and analyzling a flexlble budget 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. 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 clisployed below.] Phoenix Compsny reports the following fixed budget. It is bosed on an expected production and sales volume of 15,300 units. Problem 8-1A (Algo) Preparing and analyzing a flexlble budget 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 soles 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