AlTalk Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2024 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 loon 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 $0 variances, leave the Favorable (FyUnfavorable (U) input blank) AllTalk Technologies Flexible Budget Performance Report For the Month Ended July 31, 2024 2 3 4 (1)-(3) (3)-15) Budget Flexible Sales Amounts Actual Budget Flexible Per Unit Results Variance Budget Volume Variance Static Budget Unita 10500 10500 8500 Tales Revenue 24 250000 U Variable Expenses 15 162600 Contribution Margin 96400 Fixed Expenses 53000 Operating Income COCOA F F F