NetTech Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2018 flexible budget shows output levels of 6,500, 8,000, and 10,000 units. The static budget was based on expected sales of 8,000 units. The company sold 10,000 units during July. Its flexible budget and actual operating income was as follows: (Click the icon to view the flexible budget.) (Click the loon to view the income statement.) Read the requirements. Budget Amounts Per Unit Flexible Budget Variance Sales Volume Variance Actual Flexible Static Results Budget Budget Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income 24 13 Data Table Data Table NetTech Technologies Flexible Budget For the Month Ended July 31, 2018 NetTech Technologies Income Statement For the Month Ended July 31, 2018 Budget Amount per Unit Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income $ 247,000 135,200 111,800 58,500 $53,300 6,500 Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income 10,000 24 $ 156,000 $ 192,000 $240,000 130,000 110,000 57,000 $ 14,500 $31,000$ 53,000 8,000 84,500 71,500 57,000 104,000 88,000 57,000 13 Print Done of sales? Print Done Requirement 2. What was the effect on NetTech's operating income of selling 2,000 units more than the static budget level of sales? Selling 2,000 units more than the static budget level of sales Requirement 3. What is NetTech's static budget varlance for operating income? NetTech's static budget variance is$ per the static budget. Requirement 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? Choose two reasons why the flexible budget performance report provides NetTech's managers with more information than the simple static budget variance NetTech's operating income by $ meaning that its operating income is hn expected These variances suggest that the marketing deparment did a job. They sold ' units than expected and sold them at a T pnce than expected Choose from any list ar enter any number in the input fields and then continue to the next