AllTalk Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2018 flexible budget shows output levels of 9,000, 10,500, and 12,500 units. The static budget was based on expected sales of 10,500 units. The company sold 12,500 units during July. Its flexible budget and actual operating income was as follows: EEB (Click the icon to view the flexible budget.) EB (Click the icon to view the income statement.) Read the requirements. Requirement 1. Prepare a flexible budget performance report for July. (Enter a "O" for any zero balances. For any SO variances, leave the Favorable (FYUnfavorable (U) input blank.) AllTalk Technologies Flexible Budget Performance Report For the Month Ended July 31, 2018 Budget Amounts Actual Per Unit Results Flexible Budget Variance Sales Volume Variance Flexible Static Budget Budget Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income