Dropdown box window with choices of Flexible budget variance, Sales volume variance, Static budget variance.

1 Requirements July 1. Prepare a flexible budget performance report for 2. What was the effect on Cell One's operating income of selling 2,000 units more than the static budget level of sales? 3. What is Cell One's static budget variance for operating income? 4. Explain why the flexible budget performance report provides more useful information to Cell One's managers than the simple static budget variance. What insights can Cell One's managers draw from this performance report