Blowing Bubbles, Inc produces multicolored bubble solution used for weddings and other events. The company sold 70.000 bubble kits duning October, and its actual operating income was as follows Click the icon to the actual income statement) The company's flexibus income statement for October follow IT Click the conto the budget come sent) Retete Actu Flexible Budget Valance 5.000 Flexible Budget 20.000 Volume Variance Master Burger 10000 $ OG 17 000 Dorothen dick Check peral ka Table 226.000 88,000 17.000 10.500 Month Ended October 31 $ Sales revenue Variable expenses Cost of goods sold $ Sales commissions Utility expense Fixed expenses Salary expense Depreciation expense Rent expense Utility expense $ Total expenses S Operating income 35,100 18.000 8,450 3,000 180 050 45.950 Print Done oldal 46 of 8 (6 complete) i Data Table usel operating ind er for ment Blowing Bubbles, Inc. Flexible Budget Income Statement Month Ended October 31 Flexible lexible Varia 59 Budget per Output Unit Output Units (Kits) 65,000 70,000 75.000 $ 201,500 $ 217,000 $ 232 500 3.10 Sales revenue Variable expenses Cost of goods sold Sales commissions 1.25 87 500 31.250 13 000 0:20 14,000 15.000 input fields Print Done acer O 1 * $ % 5 & 7 6 8 8 9 4 0 - X Data Table ope $ 201,500 $ 217,000 $ 232,500 Sales revenue $ 3.10 Variable expenses Cost of goods sold Sales commissions 1.25 81,250 0.20 13,000 87,500 14,000 10,500 93,750 15,000 11,250 0.15 9,750 Utility expense Fixed expenses Salary expense Depreciation expense 33,000 18,000 9,000 3,000 $ 167,000 $ 33,000 18,000 9,000 3,000 36,300 20.700 15,000 3,000 Rent expense Utility expense Total expenses Operating income 175,000 $ 195,000 42.000 $ 37,500 $ 34,500 $