(Solved): sos need in 35 mins Required information Use the following information for the Problems below. (Algo ...

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 21-2A (Algo) Preparing a flexible budget performance report LO P1 Problem 21-2A (Algo) Preparing a flexible budget performance report LO P1 Phoenix Company reports the following actual results. Actual sales were 18,500 units. Required: Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "No variance" and enter " 0 " for zero variance.) \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ PHOENIX COMPANY } \\ \hline \multicolumn{5}{|c|}{ Flexible Budget Performance Report } \\ \hline For Year Ended December 31 & \begin{tabular}{c} Flexible \\ Budget (18,500 \\ units) \end{tabular} & \begin{tabular}{l} Actual Results \\ (18,500 units) \end{tabular} & Variances & FavorableIUnfavorable \\ \hline- & & & & \\ \hline \multicolumn{5}{|l|}{ Variable costs } \\ \hline \\ \hline & & & & \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Fined costs } \\ \hline \\ \hline \\ \hline \multicolumn{5}{|l|}{ C } \\ \hline \\ \hline \\ \hline & & & & \\ \hline$=0$ & & & & \\ \hline \end{tabular}