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Required information Use the following information for the Problems below. (Static) [The following information applies...

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Accounting

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Required information Use the following information for the Problems below. (Static) [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 15,000 units. Problem 23-2A (Static) Preparing a flexible budget performance report LO P1 Problem 23-2A (Static) Preparing a flexible budget performance report LO P1 Phoenix Company reports the following actual results. Actual sales were 18,000 units. Required: Prepare a flexible budget performance report for the year. Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "No variance" and enter "0" for zero variance

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