Requirement 1. Prepare a flexible budget performance report for July (Entora "" for any zero balances. For any so variances, leave the Favorable (F/Unfavorable (U) input blank.) All Not Technologies Flexible Budget Performance Report For the Month Ended July 31, 2024 1 2 4 (1)-(3) Budget Flexible Sales Amounts Actual Budget Flexi Volume Static Per Unit Results Variance Budget Variance Budget Units Sales Revenue Variable Expenses Contribution Margin Rxed Expenses Operating income Requirement 2. What was the effect on All Not'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 lovel of sales All Not's operating income by Requirement 3. What is All Not's static budget variance for operating income? meaning that its operating income than All Not's static budget variance is is expected por the static budget Requirement 4. Explain why the flexible budget performance report provides more useful information to Allot's managers than the simple static budget variance. What insights can All Net's managers draw from this performance report? Choose two reasons why the flexible budget performance report provides All Not's managers with more information than the simple static budget varlance. These variances suggest that the marketing department did a Iob. They sold units than expected and sold them at a price than expected. AllNet Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2024 flexible budget shows output levels of 5,000, 6,500, and 8,500 units. The static budget was based on expected sales of 6,500 units. The company sold 8,500 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.) Read the requirements ........ Data table Data table le (U) input blank.) AllNet Technologies Flexible Budget For the Month Ended July 31, 2024 Budget Amount per Unit AllNet Technologies Income Statement For the Month Ended July 31, 2024 Sales Revenue $ 219,500 98,500 Variable Expenses Contribution Margin 121.000 55,500 Fixed Expenses $ 65,500 Operating Income Units 5,000 6,500 8,500 Sales Revenue $ 25 $ 125,000 $ 162,500 $ 212,500 11 55,000 71,500 93,500 Variable Expenses Contribution Margin Fixed Expenses 70,000 91,000 54,000 16,000 $ 54,000 37,000 $ 119,000 54,000 65,000 $ Operating Income Print Done Next