Prepare a flexible budget performance report for JulyJuly.
2.	What was the effect on NetworkNetwork?'s operating income of selling 2 comma 0002,000 units more than the static budget level of? sales?
3.	What is NetworkNetwork?'s static budget variance for operating? income?
4.	Explain why the flexible budget performance report provides more useful information to NetworkNetwork?'s managers than the simple static budget variance. What insights can NetworkNetwork?'s managers draw from this performance? report?

Table For the Month Ended July 31, 2016 Budget Amount per Unit 5,500 7,000 9,000 Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income 22 S 121,000 S 154,000 S198,000 55,000 70,000 90,000 10 66,00084,000 55,000 108,000 55,000 55,000 11,000 29,000 s 53,000 Print Done Sales 2016.xls .xls... Sales 2017xls