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Required information Skip to question [The following information applies to the questions displayed below.] Phoenix...

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Accounting

Required information Skip to question [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. PHOENIX COMPANY Fixed Budget For Year Ended December 31 Sales $ 3,040,000 Costs Direct materials 972,800 Direct labor 243,200 Sales staff commissions 76,000 DepreciationMachinery 300,000 Supervisory salaries 201,000 Shipping 243,200 Sales staff salaries (fixed annual amount) 252,000 Administrative salaries 404,800 DepreciationOffice equipment 195,000 Income $ 152,000 rev: 10_23_2021_QC_CS-283191 Phoenix Company reports the following actual results. Actual sales were 18,200 units. Sales (18,200 units) $ 3,685,500 Costs Direct materials $ 1,179,360 Direct labor 298,480 Sales staff commissions 81,900 DepreciationMachinery 300,000 Supervisory salaries 212,000 Shipping 283,010 Sales staff salaries (fixed annual amount) 269,000 Administrative salaries 413,800 DepreciationOffice equipment 195,000 Income 452,950

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