MeTech Tochrogetto con la stations and other communion pications The company's July 2011 fute but how 3.000 0.00 12.500 The state budget wishes of 10.00. The corn sold 12.00 un vai fece budget and achil operation was Click the view the feet) mikonow the income Moment Netrech Technologies Texte udget Performance Report For the Month Ended July 31, 2018 2 3 -25 Budget Amounts Per Unit Actual Results Flexible Buti Varance Flexible Budget Sales Volume Variante State Budget SH Vras Expo Con Mar Fored Querating income HE Eh Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2018 flexible budget shows output leve unite The Latin budaat we hasad.co ovocad calcol.1 Sounite the comnanu sold 19.00 units during July. Its flexible budget and actual operating income wa Data table Data table NetTech Technologles Flexible Budget For the Month Ended July 31, 2018 Budget Amount per Unit Units 9.000 10,500 12,500 Sales Revenue $ 22 $198.000 $ 231.000 $ 275,000 Variable Expenses 15 135,000 157.500 187 500 Contribution Margin 63,000 73,500 87,500 Fixed Expenses 51,000 51.000 51.000 $ 12,000 $ 22,500 $ 36,500 Operating Income NetTech Technologies Income Statement For the Month Ended July 31, 2018 Sales Revenue $ 282,000 Variable Expenses 192,600 Contribution Margin 89.400 52,500 Fixed Expenses $36.900 Operating Income Print Done Print Done trennt uuuget and actual operating income was as OM Requirements X lexible For the 1. Prepare a flexible budget performance report for July, 2. What was the effect on NetTech's operating income of selling 2,000 units more than the static budget level of sales? 3. What is NetTech's static budget variance for operating income? 4. Explain why the flexible budget performance report provides more useful information to NetTech's managers than the simple static budget variance. What insights can NetTech's managers draw from this performance report? 1 Actua Result Print Done