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Required information Problem 21-1A Preparing and analyzing a flexible budget LC 11 [The following information applies to the questions displayed below) Phoenix Company's 2019 master budget included the following fixed buget report. It is based on an expected production and sales volume of 15.000 units $3,150,000 PHOENIX COWAY Fixed Bludget Report For Year Ended December 31, 2019 Sales Cost of goods sold Direct waterials Direct labor Machinery repairs (variable cost) Depreciation Plant equipment straight line) Utilities ($45,000 is variable) Plant waagent salaries 5 915, 225.000 45,00 315,000 195,00 400.000 Selling expenses Packaging Shipping Sales salary (fixed annual amount) General and administrative expenses Advertising expense Salaries Entertainment expense Income from operations se, 235,000 150,000 241,000 75,000 $ 399,00 Problem 21-1A Part 182 Required to search Or Ne lol ... 4 + Required information of 3 Flexible Budgets For Year Ended December 31, 2019 Flexible Budget Variable Amount Total Fixed per Unit Cost Flexible Budget for: Units Sales Unit Sales of of 14.000 16.000 Sales Variable costs Direct materials Direct labor Machinery repairs Utilities Packaging Shipping 0 0 Total variable costs Contribution margin Fixed costs Depreciation--Plant equipment (straight-line) Utilities Plant management salaries Sales salary Advertising expense r Salaries Entertainment expense Total fixed costs income from operations 0 $

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