Data table Month Ended July 31 Flexible Budget per Output Unit Output Units (Kits) 65,000 70.000 75,000 $ 3.05 $ 198,250 $ 213,500 $ 228,750 220,000 Blowing Bubbles, Inc. Income Statement Month Ended July 31 $ Sales revenue Variable expenses Cost of goods sold Sales commissions Uulity expense Fixed expenses Salary expense Depreciation expense Rent expense Utility expense $ Total expenses 38.200 13,600 14,000 1.25 0.15 81.250 9,750 13,000 87.500 10,500 14,000 93.750 11.250 15.000 0.20 32,300 20,000 9,050 5,000 Sales revenue Variable expenses Cost of goods sold Sales commissions Utility expense Fixed expenses Salary expense Depreciation expense Rent expense Utility expense 30,000 20,000 10,000 5.000 $ 189,000 $ 30,000 33,000 20,000 23.000 10,000 16,000 5.000 5,000 177,000 $ 197,000 182,150 37.850 Operating income Total expenses $ 29.250 $ 36,500 $ 31,750 Operating income Blowing us, the produce multicoloredbubble solution used for weddings and other events. The company sold 70.000 bubbles during July, and a haloperating income was as fotos mlick the icon to view the cul income statement) The company's feble budget come statement for Juy follows Click the icon to view the emble budget Income statement) Read the moment For the month anded July 31 Actual Master Flexible Budget Variance Flexible Budget Volume Variance Budget Output unita Sales Virable expenses Cost of goods sold Soles commissions expense y expense Fred expenses Salary expense Depreciation Expo Rent expense Utility expense Total penses Operwing income