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NetTech Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2 0 2 4 flexible budget shows output levels of

NetTech Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2024 flexible budget shows output levels of 5,000,6,500, ements.
Data table
NetTech Technologies
Flexible Budget
For the Month Ended July 31,2024
s, leave th
and 8,500 units. The static budget was based on expected sales of 6,500 units. The company sold 8,500 units during July. Its flexible budget and actual operating income was as follows:
(Click the icon to view the flexible budget.)
(Click the icon to view the income statement.)
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)/Unfavorable (U) input blank.)
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