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Phoenix Company reports the following fixed budget. It is based on an expected production and...

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Question

Accounting

Phoenix Company reports the following fixed budget. It is based on an expected production and sales
volume of 15,400 units.
Problem 8-1A (Algo) Preparing and analyzing a flexible budget LO P1
Required:
1&2. Prepare flexible budgets at sales volumes of 14,400 and 16,400 units.
The company's business conditions are improving. One possible result is a sales volume of 18,400 units. Prepare a
simple budgeted income statement if 18,400 units are sold.
Complete this question by entering your answers in the tabs below.
Req 1
and 2
Req 3
Prepare flexible budgets at sales volumes of 14,400 and 16,400 units.
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