Question list Data table Phone Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2018 flexible budget shows output levels of 5,500, 7,000, and 9,000 units. The static budget was based on expected sales of 7,000 units. The company sold 9,000 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.) - X Data table Phone Technologies Phone Technologies Flexible Budget For the Month Ended July 31, 2018 Budget Amount per Unit 5,500 7,000 9,000 25 $ 137.500 $ 175,000 $225,000 84,000 108,000 91.000 117,000 53,000 Units Sales Revenue $ Variable Expenses 12 66,000 Contribution Margin 71,500 Fixed Expenses 53,000 53.000 $ 18,500 $ 38,000 $64,000 Operating Income Income Statement For the Month Ended July 31, 2018 Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income $ 232,000 113.200 118,800 54,500 $ 64,300 Print Done Print Done ariances, leave the Next