AllTalk Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2018 flexible budget shows output levels of 7,000, 8,500, and 10,500 units. The static budget was based on expected sales of 8,500 units. The company sold 10,500 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.) Data Table Data Table - X A For any $0 variar .at AllTalk Technologies Flexible Budget For the Month Ended July 31, 2018 Budget Amount 5 per Unit AllTalk Technologies Income Statement For the Month Ended July 31, 2018 Sales Revenue $ 269,500 Variable Expenses 152,200 Contribution Margin 117,300 53,000 Fixed Expenses $ 64,300 Operating Incomo Static Budget Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income 7,000 8,500 10,500 25 $ 175,000 $ 212,500 $ 262,500 14 98,000 119,000 147,000 77,000 93,500 115,500 52,000 52,000 52,000 $ 25,000 $ 41,500 $ 63,500 Print Done 5 AllTalk Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2018 flexible budget shows output levels of 7,000, 8,500 and 10,500 units. The static budget was based on expected sales of 8.500 units. The company sold 10,500 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 4 Requirement 1. Prepare a flexible budget performance report for July. (Enter a "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 1 2 3 5 (1)-(3) (3) - (5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units Sales Revenue Variable Expenses Contribution Margin Foxed Expenses Operating Income