England Technologies mandatore capacitors for certions and the communications application. The company's 2016 feble buget shows tels of 8,000,0.500, and 11 500 unts. The button was baie depredad is of 9.00 units. The company od 11.00 uring my ble budget and actum operating income was follows (Cicons het me to view the com) Red Representeret beror pottery.co wypowy do varurcet. new winterte hvad find The Puneet 1,2018 3 A Per A. Ba We Vartan Varas Hudu M U Can Score: 0 of 6 28 points other communications applications. The company's July 2018 flexible budget shows output levels of 8,000,9500 and 11,500 units. The statie buty was to s flexible budget and actual operating income was as follows: ew the income statement.) @ Data Table - X blank England Technologies Flexible Budget For the Month Ended July 31, 2018 Budget Amount per Unit Units $ Sales Revenue Variable Expenses Contribution Margin Fixed Expenses 8,000 9,500 11,500 20 $ 160,000 $ 190,000 $ 230.000 11 88,000 104,500 126,500 72,000 85,500 103,500 51,000 51,000 51,000 $ 21,000 $ 34,500 $ 52,500 Operating Income Done Print Cour Answer Data Ta Data Table -X England Technologies Income Statement Units 1,500 .000 Sales For the Month Ended July 31, 2018 Sales Revenue $ 237,000 Variable Expenses 131,700 Contribution Margin 105,300 52,500 Fixed Expenses $ 52,800 Operating Income Varia 5,500 Cont: 1,500 11.000 1,500 Fixed Oper Print Done Requirements get Performance ath Ended July 3 2 (1)-(3) Flexible 1. Prepare a flexible budget performance report for July. 2. What was the effect on England's operating income of selling 2,000 units more than the static budget level of sales? 3. What is England's static budget variance for operating income? 4. Explain why the flexible budget performance report provides more useful information to England's managers than the simple static budget variance. What insights can England's managers draw from this performance report? Budget Variance Print Done