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X Data table AllTalk Technologies Flexible Budget For the Month Ended July 31, 2024 Budget Amount per Unit Units 8,500 10,000 12,000 Sales Revenue S 24 $ 204,000 $ 240,000 $ 288,000 Variable Expenses 12 102,000 120,000 144,000 Contribution Margin 102,000 120,000 144,000 Fixed Expenses 56,000 56,000 56,000 $ 46,000 $ 64,000 $ 88,000 Operating Income Print DoneX Data table AllTalk Technologies Income Statement For the Month Ended July 31, 2024 Sales Revenue $ 295,000 149,200 Variable Expenses Contribution Margin 145,800 57,500 Fixed Expenses $ 88,300 Operating Income Print DoneRequirement 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.) AllTalk Technologies Flexible Budget Performance Report For the Month Ended July 31, 2024 1 2 3 4 5 (1) - (3) (3) - (5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units 12,000 12,000 10,000 Sales Revenue 24 295,000 8,500 F 288,000 F Variable Expenses 12 149,200 U 144,000 Contribution Margin 145,800 144,000 Fixed Expenses 57,500 U 56,000 88,300 Operating Income F 88,000 Flexible Rudnet Variance Sales Volume VarianceAllTalk Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2024 flexible budget shows output levels of 8,500, 10,000, and 12,000 units. The static budget was based on expected sales of 10,000 units. The company sold 12,000 units during July. Its flexible budget and actual operating income was as follows: (Click the icon to view the flexible budget.) EEE(Click the icon to view the income statement.)Flexible Budget Variance Sales Volume Variance F F Static Budget Variance F