AllTalk Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2018 flexible budget shows output levels of 6.500, 8,000, and 10,000 units. The static budget was based on expected sales of 8,000 units. The company sold 10,000 units during July. Its flexible budget and actual operating income was as follows: (Click the icon to view the flexible budget.) (Click the icon to view the income statement.) Read the requirements. Requirement 1. Prepare a flexible budget performance report for July (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (FyUnfavorable (U) input blank.) 5 AllTalk Technologies Flexible Budget Performance Report For the Month Ended July 31, 2018 1 (1)-(3) Flexible Actual Budget Flexible Results Variance Budget 980 9801 Budget Amounts Per Unit 4 (3) - (5) Sales Volume Variance Static Budget 1000 Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income -a "O" for any zero balances. For any $0 variances, leave the Favorable (F/Unfavorable (U) input blank.) or | Data Table i Data Table -X AllTalk Technologies Flexible Budget For the Month Ended July 31, 2018 Budget Amount per Unit 6.500 20 $ 130.000 $ 71,500 Units 8.000 160,000 $ 88.000 10.000 200.000 110.000 AllTalk Technologies Income Statement For the Month Ended July 31, 2018 Sales Revenue $ 207.000 115.100 Variable Expenses Contribution Margin 91.000 54,000 Fixed Expenses $ 37,900 Operating Income Sales Revenue Variable Expenses Contribution Margin Fixed Expenses 58.500 53.000 5,500 $ 72.000 53.000 19.000 $ 90.000 53.000 37.000 Operating Income Print Done Print Done