come was as follows: variances, leave Data table AllNet Technologies Flexible Budget For the Month Ended July 31, 2018 Budget Amount per Unit The static budget was based on Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses 8,000 9,500 11,500 22 $ 176,000 $ 209,000 $ 253,000 12 96,000 114,000 138,000 80,000 95,000 115,000 58,000 58,000 58,000 $ 22,000 $ 37,000 $ 57,000 Operating Income Print Done AllNet Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2018 flexible budget shows expected sales of 9,500 units. The company sold 11,500 units during July. Its flexible budget and actual operating income was as follows: (Click the icon to view the income statement.) (Click the icon to view the flexible budget.) 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 (F)/Unfav AllNet Technologies Flexible Budget Performance Report For the Month Ended July 31, 2018 Units Sales Revenue Variable Expenses 1 2 3 5 (1)-(3) (3)-(5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget 11,500 11,500 9,500 222 260,000 F 12 143,100 U E applications. The company's July 2018 flexible budget shows output levels of 8,000, 9,500, and 11,500 units. The static budget was based on ctual operating income was as follows: nt.) nces. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) 5 Static Budget 9,500